Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
Hello to all,Need some lending advice.Was supposed to close on a property on Thursday, with a Fannie Mae conventional loan. Had already signed etc. Bank was supposed to fund Thursday and official closing Friday. On Th...
Jonah Simmons
Question about the brrrr method from a Canadian
They make it sound so easy in the podcast. "Get a hard money loan, then just refinance that bitch and cash out! Easy peasy!" Here in Canada you usually can only refinance 80% of the appraised value. So you'd have to b...
Karen Higgins
Self showings of properties w/o management present... Thoughts?
As we are looking at ways to improve our efficiencies and decrease vacancies, the topic of self scheduled showings is on the table. What are your thoughts? Do you think the "risk" is worth it? Does anyone have recom...
Steven Griffith
Purchasing a Model Home and Leasing Back?
Hey Y'all,
I had a conversation earlier today with a builder regarding his model home. It's a new neighborhood - the model isn't even completely finished yet.
I was initially looking at home prices and considering...
Jason Chambers
Has anyone tried an online notary? Is it legit?
Has anyone here tried an online notary? I'm in the military and had to leave on a deployment with only a day's notice (it's so time to retire!). We were right in the middle of a deal and need a notary to firm up some ...
Steve P.
The Drawbacks of Wholesaling
The thought of wholesaling is enticing to me as a newbie. This I feel would be my strategy to get started in REI but I haven't closed a deal yet as I am still educating myself on the basics and are somewhat still con...
Alexander Lommel
A low appraisal threatening to scuttle a deal.
So, we're in contract on a property. The asking price was 565,000 and we're in contract for $555,000. The appraisal just came back $91,000 below original asking at 474,000. The seller doesn't have a lot of equity in t...
Jason Malabute
investing out of state
Hi All,I live in Los Angeles.I was wondering what is the process of identifying, analyzing, and investing out of state?How long does the process of investing out of state normally take (newbie)?I will not have capital...
Bruce Reeves
Overall guidance advice - summer home
Been retired for four years. Getting the idea of a summer home to beat the heat in Arkansas. Landlord of 25yrs, so rental property is not something new to me. At this point I just have a fuzzy idea of what I want to a...
James Camp
What states are Landlord friendly?
I am looking to buy my first rental property, but live in NYC. Where i know the tenant almost always wins. Trying to cover all angles here, what states near NY are particularly landlord-friendly v tenant friendly ?