Ovais Zuberi
Cash our Refi Standards
Hey all, I'm doing my first BRRRR deal and have the house 75% completed. Contacted two banks and was told I have to own the property for 6 months before I'm able to apply for cash our refi. Is that the norm across all...
Daniel Mills
Which Florida HELOC application is recommended for short term use
My primary residence is completely paid off, so I'm applying for a HELOC to purchase a fixer upper rental property. My plan is to switch over to a conventional mortgage after about 6 months to a year. I am noticing th...
Trey Landwehr
Ultimate Beginner's Guide
I am wondering if everything in the Ultimate Beginner's Guide and other real estate books for beginners that were written a decade or more ago still completely apply to nowadays investing. I know the markets and inter...
Reggie Rearden
How far out to sign a lease
I just picked up (3) BRRRR's in the past 2 months. One is being rented tomorrow (11/28/20), 1 will be ready January 1, and the other February 1. The 2 houses that are still under rehab are already being sought after a...
Hanaa Abou Ouf
Leaky roof following complete roof replacement
Looking for your input regarding any experience with the following situation:I replaced a roof on a property of mine in Vegas last year . This year the roof leaked again, so we had the roofer go again and make repair...
David V. Stephenson
Win Win Rehab in Escrow
I put in a bid on my first RE Investment property. It's owned by the bank, it has been on the market over a year and it's in need of some serious TLC. The bank is not in a hurry to sell and I would rather get traditio...
Account Closed
Inexperienced landlord here - did I do the right thing?
So I set my unit up on affordablehousing.com (section 8) and got a call from a market renter. She makes 24/hour (not sure if she works full or part time, didn’t ask) and has 2 kids. Showed her the building and she see...
Susan O.
Anyone purchase new property in 2019 taking advantage of sec 179
https://www.kbkg.com/news/kbkg-tax-insight-tax-reform-changes-to-qualified-improvement-propertyAnyone who purchase a new building this year not they should do thisAnyone do it in 2018?MORE:Starting in 2018, there is a...
Shaun Lapsley
203k Nightmare ! HELP !
I will elaborate further if asked, but I would appreciate some advice and help. December of 2014 I closed on a property using a 203k loan. The repairs required by FHA were rolled into my mortgage. The repairs were to ...
Bernie Huckestein
Using multiple self directed IRA
My wife and I both have IRA or old 401k monies that could be moved to a self-directed IRA...can a property be bought 100% (no financing) with the combination of IRA funds (hers and mine) say 50/50 or 75/25?I don't thi...