Account Closed
Selling 1 rental of a port. loan - Payoff calculation way off!?
Last year i did a cash out refi of 3 rentals. 75% LTV with a loan amount of $232,500. Within a week of closing, a neighbor inquired about buying one of the rentals for his daughter. The appraised value at the time was...
Rebekah L Bunn
Lending recommendations for quick purchase of new construction home for flip
Good day! I stumbled on a good opportunity and I wanted to ask advice about quick lending resources. A local builder overextended himself and he needs to unload a brand new SFH in order to finish his other projects,...
Paul Zierk
New Member from Racine,Wisconsin
Hi Guys and Gals,
My name is Paul Zierk and I'm from a city in southeastern Wisconsin called Racine. My wife and I actually live just outside of the city, in the county, in a place called Franksville. Racin...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Marisa Alvarez
Umbrella ☂ Policies 🥺 (????)
I have a Corporation with rentals and a Liability Insurance for it.Then I have an i surance for my car and another for my home and an Umbrella ☂ policy that covers those. The purpose with this one is that if I got sue...
Michael Rossi
Motorcycles
Geez James, you're killing me. How can I keep up with the James' when you have that great looking ride for your avatar? Now what am I going to do? Maybe I can put a picture of my new toy RC helicopter. :crying: ...
Kyle Lefebvre
Own a 2nd home we currently rent, paid low... should we sell now?
Hi, I’m new on here, excited about finding it!! Long story long... My wife bought a townhouse in 2010 for 89k. 0% down USDA loan. We met, and moved in together into my house, and began to rent hers out. We currently o...
Diana Brafford
How to increase profits in an RV Park
My partner and I are in the process of purchasing an RV Park in Texas. We are trying to think up some ways to increase profits other than reducing the expenses. Besides laundry and vending does anyone have any sugge...
Landon Elscott
I lost $22,000 selling a sports car, but improved my net worth $27,500 - my first deal!
After writing this, I now realize it's pretty long, so I put the main focus and details of the deal in bold and the rest of the fluff in italics.Prior to successfully completing my first real estate deal, one of the t...
Josh Gibbons
What do you drive?
Just wondering what everyone drives.....as you can see by my screename, I'm a car person. Just wondering what some of you guys drive......
Here's my car (same as my avatar)
Also have a lifted Dodge Dakota.....(Home...