Joe Jung
Scaling - Safely, effectively, and simply
Hello everyone,I'm a fairly new investor with 5 properties (1 Primary and 4 in Cleveland, OH) to my name and I'm starting to branch out. I'll be purchasing a home a Kansas City as well as somewhere in TN and quickly ...
Jacob Northfield
Unexpected repairs after FHA appraisal
Hi everyone,I'm under contract and about to close on a duplex. The offer had an inspection contingency, the property was inspected, repairs were made, and the contingency was removed. We then had the house appraised w...
Shawn West
Thoughts on low interest credit card
So I was just wondering others thoughts on utilizing a credit card I am able to get with good credit that has an 8-9% interest rate? Thinking of utilizing it for short term fix and flips so I won't be hanging on to th...
Account Closed
What would you do? Advice on duplex I currently own
Hello all and thanks in advance for anyone taking the time to chime in. I have a duplex in a desirable area of CT. 2 BR /1 BA down and 1 BR/1BA up. I've always had an issue renting the upstairs because the bath is ...
Jackie Lyons
What lenders will do 15 yr refi w/cash out to purchase inv prop?
Just went through process of trying to refinance primary residence to get cash out to use as down payment on investment property. Lender wanted to see acceptance offer on investment property, but I haven't found the i...
Zeke Sanchez
Timeline of events for buying a rental property
Good morning to all, I am curious of what steps I need to take from now to next November in order to buy a rental property. I am currently in the Marine Corps and on deployment overseas. I will be back in next April. ...
Bryan Hancock
Strategies For Financing Multiple Specs And Land Development In Today's Economy
So small banks pretty much all appear to be lending again in Austin. Their regulators all want them to limit spec loans to one though. Some of the more aggressive lenders will do 2 and send their overflow business t...
Charles Granja
Does an underwater mortgage stop me from purchasing real estate?
Hello,I have a question on a scenario:From what I am aware on QM loans, what matters is my credit score (history of paying debt service), my income (W2/DTI), my rental property income (2-years), and cash reserves. Let...
Kevin Marquez
70k cash how much BRRRR can I buy with hard money
Hi everyone I have a quick question! I saved up $70k this year and want to buy my first BRRRR. My only concern is when I get a hard money loan do I need 20% of the ARV (for acquisition and a loan for the renovation) s...
Alfredo Alfaro
Hard Money Lending
Hello, My partner and I have a property and we are coming to the end of of our expiration of 6 months. The property is already listed and on the market but might not make it to the closing table I know it’s not common...