Jason Merchey
Recourse Loans
I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
Prince Amos
Best Method For Wholesale Leads?
Hey,
Check this out..direct mail rocks in getting the phone
ringing off the hook with quality leads. I think targeting absentee owners that owned there property at least 10 years or more) with a personalized merged po...
Jeff S.
How many flips per year, after holding a year, and keep cap gain rate?
How many properties can you buy and sell, assuming holding at least a year, to maintain investor status (cap gain 15%) and not dealer (pay tax at higher rate)?
Stephanie Nurre
HELP: Bought a house that will likely be condemned
My husband and I recently purchased a house in Lake Forest, IL that needed some rehab. We did all of our due diligence (three mold companies, chimney inspector and regular home inspector). After beginning the mold rem...
Bryan Hancock
Best Real Estate Markets Post Depression
I haven't seen much discussion on targeted real estate markets and I don't see this category on the forum. Rich's post caused me to wonder what RE markets everyone thinks are the best to invest in. Where are you inv...
John Beck
Acts program and Ron Legrand
Just wondering if people had any thoughts on Ron Legrand, also they offer several programs one is called ACTS .Control without ownership does anyone have any thoughs on this.
Patrick Crehan
How many properties/units can you self manage before it becomes impossible?
short background. I am about to start looking to buy a second rental property here hopefully in the next coming months. But also, I will be moving out of my house around the same time and turning that into a rental. I...
Max James
Why are DIY REI's Losers?
If you've read the The Millionaire Mind by Thomas J. Stanley, you understand most millionaires (as in 98% of them) are not DIYer's. This makes sense to me. To achieve true greatness, in any aspect of success, you ne...
DG H.
Investor-Realtor? Frustrated
I've been an Real Estate Investor for 10+ years...I've had my Realtor License for 2 years. I'm always wearing two hats and sometimes they get confused. Since I've had my license I haven't bought a property for myself....
Nick J.
Another Sub2 success!!
Doing sub2's work even in this market.
countrywide loan ARM @ 6 %
adjust in 11/11
$5,421.04 to bring current
$1,341.05 monthly payment PITI
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