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I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
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New investor here. I am in the process of finishing my basement to rent out, which I guess is one way to house hack, but I am looking to do more. I have available funds (150k-200k), and I'm spending time analyzing dea...
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Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
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Hi everyone, We've been thinking through the best way to save for kids college. We have two kids and have been maxing out our state's 529 plan. Quinn is a 3 year old boy and has about $18,000 in a 529 account alread...
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I want to start off on the right foot and was thinking of getting a gift for my new tenant.Has anyone here done this if so do you have ideas for what to get them?
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Hello all, I have started an investment company that specializes in flipping houses and I have a group of investors that are fronting the capital for the projects. I am doing a split with them based on the % they have...
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I'd love to hear from those who are on the cusp of leaving their 9-5's, their cubicles, their corporate golden handcuffs, for a new life as a passive or not so passive real estate investor.Will it be this year? Are yo...
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Hello,
I'm doing some research into starting a hard money lending business in California. The loans would be first trust deeds on non-owner occupied residential property (lending to RE investors) and the business en...
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Does anyone have any advice on how to get 100 percent financing on a loan for 1.5 million? I have a great business plan to purchase a local duplex complex. I already have one duplex that I have purchased recently tha...
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I recently closed on my 1st property in Cleveland and it has been a nightmare dealing with the property management company I hired. They haven't been able to rent it out claiming that I am asking for too much rent and...