Dawn Crudup
Bought our first flip.... now what?
My husband and I bought a home, hoping to make it a live in flip for 2 yrs then sell it. This house was in way worst condition than what we thought, of course. We have decided to flip it but are having a hard time dec...
Melissa Smith
Hard Money to FHA primary - issue with State of TX
Hi there,
I have a hard-money loan in Texas under my LLC. The intent was to convert this loan to an FHA and use this property as my primary residence once rehabs complete. I don't qualify for conventional due to a ...
Sam Schlosser
Looking for good advice
This is my fourth property. A vacation rental on a small all sports lake. The property was listed at 2,832 square feet. Inspections turned up a couple small issues that were fixed. However, when the appraisal happened...
Erik D.
Financing Investment Property, Where to Go
I'm looking at a $70,000 home. Banks want 25% down payment, if they are willing to lend at all. I have $8,000 cash that I can part with right now. This would be my second investment property. It is a 3 bedroom hous...
Stephanie Barton
questions about HELOC appraisal amount
Okay I've got a question for the professionals out there. My husband and I have applied for a HELOC to help make the down payments on our rental properties that are under contract and to help pay for the updates to t...
Brianna Johnson
Real estate investing
Can someone explain the Refinance part of the BRRR method? Along with house hacking tips for kitchen and bathroom?
Winnie Mullins
Cash out refi from hard money note after a short sale
Hi AllI need some guidance here. Purchased our 1st investment property back in April for $32K. Got a hard money loan for $40K, 4 month term, for repairs in June. The rehab started in June and was supposed to be don...
Andrew Smith
How fast can HML really close?
I found a home from a wholesaler and I want to purchase it. It needs to close on the 29th, but there is the likely hood I can get an extension of a few days if absolutely necessary.The rub is, all of the supposed HML ...
Nicholas J.
Appraisal review fee??
I just received my closing disclosure and questioned why they are charging me $500 for an appraisal when the it cost $400 from the report. Their response was they charge $100 for an in house appraisal review fee. Ne...
John G.
Cash then ReFi vs Conventional Financing
I understand the first half of this strategy... By buying a property in cash, it gives someone the upper-hand in negotiations vs someone using conventional financing. Then when the deal is done, refinance the property...