Hey guys, was wondering if anyone could help us out with some advice. We have 25K in our account that we got from a personal loan and now we're 2 days from closing and our lender is saying that they can't count that m...
I'm going to close on my first 4plex in a month with an FHA loan and 3.5% down. I don't have much assets, let's just say less than 50k in total (savings and stuff. Im young, so no retirement accounts yet). I've read o...
Taking on difficult conversations is certainly neccessary in pursuing any aspect of REI (e.g not satisfied with contractor's performance, relaying complaints from one tenant about another, etc).
Some people have have...
Hi BP,
When analyzing an investment property 3 numbers are extremely important along with others;
1. Debt Coverage Ratio
2. Cap Rate
3. Cash on Cash Return
Most lenders look for ...
how can a newbie find out when the RE will crash and how to come up with exit strategies?
Hi guys,
We are trying to close on a property (in Florida) and 3 days before closing the seller decided to back out because they dont want to provide us with the tenants drivers licenses/assignment of lease, etc... T...
I have the opportunity to acquire a property from three heirs, one at a time, via quitclaim deed. This may be the only way to make the deal happen. If I did this, what would be the possible issues down the line con...
Hello, I've been flipping houses with the same contractor for awhile now. The problem is, he is not the actual contractor. He has a contractor who "trusts" him to pull permits for him and I pay him directly. My con...
Hi all.
I have 4 single-family rentals out of state (two different states). Currently, all 4 properties are in my name.
I know - I should form an LLC. I have been pondering this for what seems like forever.
Not b...
Hi everyone,My wife and I currently live in South Korea and plan on moving back to the USA in early 2019. Right now we own 9 turnkey SFH's and plan on having 24 by the end of the year, maxing out our 20 Fannie Mae all...