Louis Mannikko
Using 401(K) Loan to finance first property
Hello,Just curious what you all thought about the idea of using a loan from your 401(k) to finance the purchase and rehab of a 1st property.My plan would be to use 40-50k to purchase a small rental apartment, fix it u...
Gil Ganz
investing in condos vs single family - repairs cost
heynot sure if this is the right subforum, excuse me if it's the wrong one.i'm thinking about investing in a rental property, long term rentals. i'm having troubles deciding what is the best option, a condo or a singl...
John Cobb
Why do banks not like holding REOs
I have just read an article by Joshua about REOs and in it his last point is
'Note that lenders and banks do not like holding REOs on the books, and try to get rid of these as quickly as possible.'
Why is this and w...
Paul Beauchemin
Gold is up...will RE follow?
Gold broke the $1000 an ounce barrier last week and is zooming up over $1100 as I write this. It seems to me that the money that the Fed's loose monetary policy is going to come home to roost. If I recall the 1970's a...
Joe Henry
Evaluating deals, not finding good numbers
I'm a beginner investor (have not made any purchases) living in LA and thinking about relocating to the Raleigh/Durham area in NC since it's a growing place (would also be interested in your thoughts on this).However,...
Marcus Auerbach
Only newbies think the market will crash..
The debate about a market crash has become almost as emotional as some other favorite American controversies. You don't see seasoned investors selling off their portfolios. Especially on social media no matter if it's...
Brad Fabian
Where do we even start?
I’ve begun my real estate journey and currently working on my first flip. However, I still feel very lost in this process. I’ve read through many different posts, and everyone seems to provide the same guidance to peo...
Aaron Linden
Rental Property Insurance Policy Question
Hey everyone,
I am just getting started out and I have my first offer accepted today and I want to ensure I am ready for closing.
What type of insurance do you recommend for someone who is just getting started with...
Aaron Stark
Tips for a recent grad looking to invest
Hi,My name is Aaron. I'm looking to save up 20% on a house in the next year or so. That part will be easy. What will be difficult is that I have next to no hard experience in real estate. Does anyone have tips or sugg...
Tim Burns
Distressed Multi-Fam Investing
Hey guys,
I'm obviously new here but I have a few questions. Any advice/guidance would be appreciated (even if it's simply "go read this site").
I'll go from easy to hard:
- Am I correct in assuming that I would fin...