Tolga H.
Upstate NY Flipping 101
Hello all,I am looking forward to starting my first flipping project. I am currently located in Central NY (upstate) near Syracuse. I allocated a 140K budget for my first flipping project. My first question is: Which ...
Jeremy S.
Selling property TO your tenants???
hello everyone,
My wife and I just purchased our first 2 rental properties for about $20k each from the same distressed seller. They are both currently rented for $750/month to tenants who seem to be taking...
Mike Landry
Delaying a foreclosure in texas
First off. I am not interested in doing anything illegal. I have an owner scheduled to be foreclosed jan 5, 2016. They just contacted me today dec 27th. I'm working on the details but the payoff is about 75% arv. I a...
Let’s face it—property management fees aren’t cheap. While you may need to hire a property manager if you’re investing out of state or are unable to self-manage your property, these costs can quickly eat into your pro...
Julian Greenway
Active Duty Service-member using VA Loan for a Buy and Rent Strategy in Temple Terrace, FL
Hello everybody,Just need some second opinions on a deal. My wife and I found a SFR, 1,628 sq/ft home in Temple Terrace, FL. The home is in a good location and has low crime compared to similar blocks within the cit...
Many people buy rental properties for the cash flow, but today’s guest took it to another level—dropping out of college to go all-in on real estate investing. Find out how he brings in several thousand dollars of prof...
Rachel Murphy
Debt-income ratio too high for loan approval
Hello everyone,I recently got in touch with a mortgage broker so he could run my numbers and tell me what I could afford to purchase. He came back and told me that my debt-income ratio is already at 58% WITHOUT consid...
Michael Vallee
Commercial financing question
No longer amongst the "W-2'ers" - living on rental income and capital. (Due to circumstance - more so than some freedom walkout retirement announcement)
When applying for a commercial loan - I've read that the loan i...
Brianna Williams
Cons to Seller Financing?
What are the disadvantages to Seller Financing, if any? Im looking to use seller financing for my first flip.
Wei Huang
Buy a home from a person that's letting it go into foreclosure?
Hi BP - wanted to hear some thoughts from everyone's creative minds on this: I am in the Richmond VA market and one of my off market leads is a person who is letting a home go into foreclosure. She basically said she...