Nick Romano
Are you unknowingly creating mortgage fraud? Insurance v LLC
Hey Guys! I'm closing on my first Multi Family in Mass and I'm told I can't close in an LLC because the banks will not give financing to an LLC (even if I co-sign or guarantee the loan). I have had some people tell ...
John Vandivier
Subdividing R-1 vs R-2, VA (Fairfax County)
My understanding is R-X designation indicates residential where X is the number of dwelling units per acre allowed.I fully understand why a second dwelling unit could not be created on this R-1 zoned lot of about .6 a...
Antonio Russo
Credit score while investing
How bad would my credit score hurt if I took out 100k against my home? My credit score is 735 and my home value is 609k paid in full. I also would like to know what you would do in my situation? Would you take out a m...
Cliff Harrison
Full Time Real Estate - left W2 job last week!
I'm wrapping up week one of a new REI oriented lifestyle having left behind 25 years of corporate work in the IT field. So far, it's exactly what I was looking forward to. I had a backlog of projects I'm now able to...
Will Spivens
Iowa Investment Rookie
Hello,
My name is Will Spivens and I am new to investing in real estate. I reside in central Iowa and look to invest close to where I live. My wife and I have full time jobs and are willing to invest a percen...
Samuel Lee
Offer with lower price?
I am a new multi-family investor and ready to submit a LOI. However my math calculation has pointed to a lower sell price than the listing price. Is it normal to submit an offer with a lower amount? From what I've ...
Shuai Zeng
Any of you test for asbestos, or just go ahead and start?
Going to start a renov in couple of week, I have no ideal it has asbestos or not. When you guys DIY, do you guys test for it? No wall knock down, just old hardwood floor change, and maybe bathroom remodel.
Account Closed
Rents Drop BIG! - Who's Playing w/ Numbers? Why? - Election Time?
US Rents Just Tumbled The Most On Record As Economy Craters
What about the actual state of rents? For the answer we go to the latest monthly report from Apartment List which we have used consistently since early 2021...
Bob Malecki
Report Concludes Dodd-Frank Has Adversely Affected Main Street
Well, duh! I love the "too small to succeed" comment in this article: http://www.dsnews.com/news/01-11-2016/new-reports-conclude-dodd-frank-has-adversely-affected-main-streetThe Dallas Fed report concluded that many c...
Ryan Dossey
Wholesale profits = Down payments?
Those of you guys that have been at this awhile talk to me.... Is it a bad idea to use wholesale profits to pay for down payments on rental properties. Obviously one would need some cash reserves ICE. But are there an...