Orion Walker
Help, I'm making that classic "run out of money on rehab" mistake
Earlier this year we bought two houses that needed major work. We purchased them with a Fannie Mae Homestyle loan, which is similar to an FHA 203k. I got a bit carried away on the rehab, going beyond the bank loan amo...
Paul Sandhu
What is the biggest mistake you've seen other people make w/ STR?
When I first started doing STRs in my town, there were at least 3 other people doing the same thing and catering to the same target market (refinery contractors). Over the course of 3-5 years, those other people got ...
Sean Walker
Lender asking me to sign mortgage, not title due to their mistake
Buying a multi-family with my brother (both of us married). Lender has been a mess from the start. Long story short, it's in the 11th hour and the lender realized my wife (Korean) can not sign/notarize the dower ri...
Richard W.
I made a newbie mistake, WORST possible, bought a 2nd! Advice please.
Like the title says, after months of research, I felt reasonably confident to buy my first foreclosure at an online county auction. I'm not an investor, this was for my family and I to live in.
I ended up pay...
Stephen Rinaldi
Buyers need to understand the mistake in "waiting for rates to drop"
The reason why this industry brings some of the best and brightest is that is so dynamic, no changes in the market are in a vacuum. Clients that are expecting rates to slip, a sentiment that I agree with, are missing...
Ellie Perlman
How Much a Mistake Can Cost You and How to Avoid It
This is the time to double and triple-check your calculations because even a single mistake can be financially devastating. I’ve seen many people jump into a deal without the proper knowledge or experience and end up ...
Eric C.
re. question on if this I made a mistake on this purchase
Hello everyone
I am a complete newbie at this and I wanted to see if I made a mistake on this deal . I just bought a single family home in the Sac area recently but the rent I am getting each month does not cover the...
Westlie Jones
What is the biggest mistake you made on your very first deal?
I’m about to make an offer on my first deal as a real estate investor and I just wanted to pick everybody’s brain to see what their biggest mistake was on their first deal. Thank you very much for the input and I hop...
David Lao
In one sentence, what's the worst mistake you made on a flip?
In one sentence, what's the worst mistake you made on a fix-and-flip investment?
Jean Norton
Taxes Paid on Property by Mistake? Can we file a tax lien?
My husband foreclosed on a property in Texas and entered a legal battle to remove the borrowers. The borrowers sued my husband for wrongful foreclosure (but that's another story).During the time my husband *thought* ...