John McAuley
Trump Tax Plan - Calling All You Tax Gurus
I haven't seen another post about it so I thought I would start one. I've read the 9 page tax plan summary. Although very vague, it provides a framework for what they are going after and mentions several things I th...
Deborah Bailey
Is Renting out our house worth it?
Hi everyone! We need help with making a decision with our current property.We recently bought our home back in November 2022, and due to a death in the family we are going to have to move out of state (not too far tho...
David Edwards
New Build Multi-Family: Phased Build
I have a plan to build out a duplex community, 6 duplexes (12 units) on 1 acre of land that cannot be subdivided. The original idea had been to subdivide the land and build 3 quad-plexes but I met with the city and th...
Laurence K.
BPO not even close to true value
I'm an international investor from Australia, I purchased my first ever note in November 2015. It was a non performing first mortgage with an UPB of 116k, secured by a triplex in Luzerne County, PA. It was in the fina...
Susan Blanco
New Investor with questions
I’m new and finally making the move to become more active in RE.My husband and I own three homes-all rented. We bought the last 2 in 2007 just before the collapse but have managed to hold onto them. The same renters h...
Account Closed
Brooklyn investing
Good morning everyone! As a new investor I'm looking for my first deal in a high priced market, Brooklyn NY. I initially wanted to invest in rentals, but an agent told me doing a flip would be the better move. What ar...
Robert MacKinnon
Short Sale Double Closing
There are Five important points regarding Short Sale Double Closings (A to B; then B to C): 1) Necessity of Title Insurance for the A to B transaction; 2) Necessity of Disclosure to Short Sale Lender ("SSL"); 3) Neces...
Tamara Batsell
Is $4000 acceptable for Earnest money on a 115K loan?
Reading over Contract for buying a home and amount of earnest money is $4000. Is this a fair amount for a loan of 115K? That is over 3% of loan amount. I'm in Dallas, TXThanks for any feedback.
Teddy Patrick jr
Wrap around mortgages
I am looking to purchase a distressed property here in NC. Purchase the property and rehab it for 25k. Property values in the area are in the 65k to 79k range. After repair I intend to sell the property with a wrap ar...
Stacy Weng
First Time Flip ROI
I know this is going to be different for everyone, but what's a good ballpark ROI to aim for for my first flip? I'm analyzing some deals right now and trying to figure out what a realistic range is. I'm assuming that ...