Jared Cruz
Use savings account for auto loan early payoff?
Hi there! I have an auto loan of 3% and a remaining balance of $10k. I have around $11k in my savings account and I was thinking of using that to pay off my loan soon.Other than my car and mortgage, I am completely de...
N/A N/A
Is it better to invest in commercial property or residential
What is a safer bet, investing in commercial buildings, or investing in residential properties. If you become a local landlord to shops in a town, would that be better then if you had homes there?
Thank you.
Kim Hopkins
Request from Seller for Loan Advance on Seller Financing - Math Help
Hello! Well, this is a brain tickler. So we purchased a retail property at the end of 2022 with seller financing: 5 year term, 30 year amortization, 0% interest. Payments are $2k per month. Three year option to extend...
Alex Lee
How strict are building codes?
We are looking to move to Georgia and I was curious to know how hard/strict it would be to expand houses.So for instance if we buy a 1700sqft house, how hard would it be to say build it out to say 3k?For now we are co...
Crystal Oneill
First Time Trying To Wholesale A Home And Not Sure What To Do
Hello - I am trying to do my first wholesale deal. The property is in Indianapolis which is where I live and the owner lives in California. We agreed on a price, so I filled out and sent him the contract and he is p...
Anthony Rodriguez
Xpressloans 911 IS A SCAM!
Xpress loans 911 is a major scam!! Andrew of Xpress loans sent me a term sheet for 15% down at 6-8% interest on a 30 year loan in which I had to pay 1,295$ commitment fee. Once I paid and went through the loan process...
David Jiang
Rental applicant wants a copy of my driver's license?
I'm wondering if anyone here has run into this and if so, how you dealt with it.I'm currently listing a rental as a private landlord and not getting a lot of hits except one applicant with solid scores and income. The...
Kyle Mullins
Raising Rent for Long Term Tenants After Purchasing Property
Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...
Keegan Darby
Investments with no cash flow
Hello BP -
Turned down the purchase of a home today with the following details:
$220k purchase price $270k ARV (built in 2008, just needed to be cleaned)
Needs ~$20k in light work (paint, faucets, yard cleaned) ...
Jason K.
Assigning this type of property? Legal or not!?
Can a LICENSED investor, with intent to Wholesale the property or assign it, get a property under contract listed by a realtor?
Basically the same scenario as going directly through the homeowners, but instead, you ...