Jessie Niu
Advice PLEASE! Can't use gift money for investment property??
My mortgage broker just told me that I can't use gift money from my parents as down payment for investment property due to the rules from FHLMC and FNMA. What? I never knew this! The mortgage company can't give me the...
Bob Yon
Deal or No Deal
I've got a deal that I think is a good one, but am a little uncertain about some of the numbers:Here is the deal:Duplex with $750/mo rentPurchase Price $28000Down Pmt $18000Owner finance $10000 at 0% for 5 yearsClosin...
Christian M.
Seeking advice on how to choose a good property management company
This is my first time renting out a property. I will be living out of state away from my property so I want to be educated on how to properly choose a good property management company. I am looking for things I need t...
Jonathan Zimmerman
Shingles over Metal Roof?
I am currently searching for my first multi-family investment property, and the current market in my area is limited.
The attached property just came back on the market after being off MLSs for a few weeks...red flag...
Terica Johnson
New member from New Jersey
Hello everyone. My name is Terica Johnson, I'm from Essex County NJ and I'm brand new to the site and to REI. I'm here to get a much info and make as many connections as possible. I want to establish myself as a whol...
Genny Li
Does no one replace their water heater anode rods?
People seem to expect their water heaters to last 10-15 years. Are you guys just letting it corrode as soon as the first anode rod is eaten up? How do you go through water heaters so fast?
Cameron Ellis
Selling Seller Financed Notes
Is it possible to sell seller financed notes? If so, who would be the buyer of the note and what are the standard guidelines one looks for? i understand this is something a lot of investors do in the Houston market bu...
Stephanie Lella
How a $500 problem became a $5000 problem
Hi BP,Looking for advice regarding one of my rental houses in baltimore. The original problem that came up in the inspection was that some bricks at the top of the chimney were crumbling. We were told it should only ...
Kevin Garabedian
HELP-Challenging Foreclosure Validity Court Process Best Strategy
Hello all, I have recently lost my mind discovering how difficult and from my point of view unreasonable the Massachusetts court process is for foreclosures and challenging their validity. I have recently purchased an...
Colton Aaro
Joshua Tree House Hack
Hello! My girlfriend and I are in the process of looking for a property to house hack in the Joshua Tree area so I thought this would be a good time to make my first post on here. We are currently analyzing a property...