Jerry Stein
First deal, lending terms changed
Newbie looking for some thoughts. I am under contract with a financing contingency based on the loan estimates I had received when I was evaluating the deal. My lender can no longer offer the financing product we were...
Reid McCutcheon
HELOC purchase into a conventional refinance
Hi, Question on whether or not we should apply for another HELOC and how that may affect our ability to refinance into a conventional loan later on.We currently have a $150000 HELOC based on a few rentals. A little ov...
John Teabout
Strategy for cashing out investment property with conventional mortgage
My wife bought a condo for 178K with a conventional mortgage (10% down, 4.25% APR) in 2019 before we were married. Then I bought a bigger condo for our primary residence in 2022 for 275k with a conventional mortgage (...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Chris Guthrie
Billionaire Investor From Puyallup WA
Got you to click didn't I?Hey I'm Chris Guthrie but I'm not a billionaire (Sorry to disappoint you, I'm disappointed as well). I'm 30 years old and I'm fortunate enough to have been self employed for nearly a half dec...
Karen Smith
Long-Term Lending Partners: Who’s on Your List?
Do you focus on building relationships with a few reliable lenders, or do you keep your list broad? I’m curious how others approach finding lenders for consistent funding opportunities. Any tips for building a solid l...
Terry Portier
Builder Needs REI Help
I been away for a while designing my first spec home and forgot everything I learned. I have enough free cash $100K to build my prototype design lot included. What would be the best way to stretch that so I can ke...
Athan Seyler
counting other units rent as income before owning?
I'm wanting to purchase my first rental property as being a 3plex or 4plex but I notice the mortgage may be 60%-75% of my income. i know most places would deny this but, there's some properties that'll say that there'...
Erica Nagle
Can I get more properties?
We are currently waiting for our first fix and flip deal to close so we can start work. It's a short sale that was supposed to be approved by the bank but of course there's always more crap and waiting on the bank. Ho...
Alex Zynski
Wholesaling Advice - Orlando, FL
About to begin my journey wholesaling in the Orlando area, preferably south-east to north Orlando. Have a list of cash buyers from cash bought property tax rolls, bandit signs, and the connectedinvestors website. Can ...