Leo Maldonado
REI in Miami looking for Feedback on Business Credit
Hi Everyone! Very excited to see so many discussions about REI in Multi-family. I am a big believer that with hard work and the right mentality with good intentions, you will all find the success that you are looking ...
Amiris Brown
203K loan multi vs 1 lot 2 properties
I recently spoke with a 203K loan officer here in Maryland, and they were very skeptical that the property I had previously eyed would have even qualify. I find that strange considering that the REO stated it would qu...
Joseph Davis
Wall Heaters instead of forced Air
So we are under contract on our first property. The numbers look good and based on them we are looking at positive after-debt cash flow of $289/month.Simultaneously we are looking at another property where we would ...
Matthew LaStar
My personal home Analysis
I am thinking of putting my personal home in Woodstock, Ga up for rent rather than selling it. I am having trouble figuring out how to accurately do the analysis. I think I have the swing of the expenses finally, but ...
Mike Cesa
Pre-Foreclosure - Negotiating Down the 2nd Mortgage
Hi everyone. I am a newbie, and I have been looking at pre-foreclosures. I found one I am interested in with these numbers:ARV: $550,000Loans: $350,000 1st$150,000 2ndIf this property goes to auction, does not sell,...
Gary Montgomery
Lending and the self employed
Hello BP community. Looking to pick your brain on this:As a rehabber, What are some good suggestions or ways to to secure a loan when you are self employed and don't have the 9-5 gig with salary? Thank you,Gary
Mike Kalob
General Warranty Deed - Lawyer or DIY?
Hi All,I plan to move my rental properties into an LLC (about 2 per LLC), and was wondering if anyone did this via a General Warranty Deed.I'm in NJ and looking at the form to be sent to county clerk and it looks ...
Jay Staudt
Deductions for Cleaning
Simple question: Can I pay my wife to clean a rental property instead of hiring a cleaning company and claim it as a tax deduction, or is that unethical/illegal?
Drew Nagda
Property Management Information
Hey all,
I'm in the process of buying a property that is occupied by 2 different families - one in the main house, and one in a converted garage.
After agreeing on the purchase price with the homeowner (who lives o...
Darla Ninop
Real Estate Appraiser In SoCal
Hi all. I am new to this forum. I have been listen to the podcast for 2 months now. I have not invested in Real Estate before with the exception of buying my home 21 years ago. I have been a real estate appraiser ...