Adam Soyak
BRRRR at 6-months has been ELIMINATED???, now only 1-year option??
I have been informed by my loan officer that we no longer have the option to cash out refinance our rehabbed properties at the typical 6-month seasoning. It has changed to 1 year. I am looking at other options to ge...
Ben M.
Wholesaler and inspection contingency
I am working on purchasing my first rental investment property and lost quite a bit of money (deposit money) after terminating my contract with a wholesaler. They are a major wholesaler with almost perfect review so ...
Fan Bi
Tenant Expectations for a C-Class Neighborhood
Has anyone had good experiences investing in C-Class Neighborhoods?To put some context around it, these are $60,000 a door multifamily units in Providence, RI, where a B-Class would go for $100,000 and A-Class $150,00...
Bill Mcdonald
Newbie from Texas wanting to purchase REI's.
Hello - because of the inconstancy's of the Stock Market, I'm worried I won't have enough money to retire any time soon. I'm 60 years old and I'm self employed. When discussing the REI route wth my CPA, she mentione...
Teho Kim
Can I get some opinions on this neighborhood please?
Hi, I'm submitting an offer on this duplex that I believe has solid numbers. The thing holding me back is that the neighborhood may be iffy.The Indy guide map from BP has this as a C class neighborhood. On trulia, how...
N/A N/A
Few questions about REOs
Thanks for reading...
1) Are banks more likely to accept a lower offer on an REO property if no financing is needed? In other words, if I can purchase the house outright, in cash, as opposed to someone that will be b...
Julian L.
Rehabbing Kitchen Estimate - is this a fair price?
Hello!I'm looking to rehab this kitchen and found a contractor I really liked. This would be a place I will be living in for a while and I want to be sure it's done right, not cheap. Here are some photos, so you have ...
Matt Fish
Blown Away by the Cost to Subdivide $$$$$
I recently put a property under contract that was on a 1+ acre lot. I had a meeting with the country and they said that it appears that I am able to subdivide the lot into 3 lots - keep the existing house on one and c...
Shay Sherbotseli
First property decision on location Texas / Philadelphia
Hello everyone, first and foremost I want to express my gratitude for this wonderful forum. I am not a local and I am interested in purchasing my first property. I am seeking advice on the most ideal location in terms...
Max James
Creative Way to Increase Your Cash Flow
I'm restructuring some of my leases to increase cash flow on a per building basis. For example, I am going to provide my tenants 2 window AC units, free parking, free storage, and some other amenities that they can i...