Christian Smith
Don't want to lose this deal and also my earnest money.
Hello all,I just recently made an offer on a home probably prematurely. I had plans to do a cash out refinance however my home was appraised at a lower amount than I thought it would be and also the closing fees are 1...
Maximo Jacobo
Am I Losing Money by leaving it in My savings account ?
Hello, Everyone as a Newbie on Real estate and Personal Financing in General, I have been able to save a decent amount of money that is just sitting in my bank account. I am interested in investing in real estate. How...
Wendell De Guzman
REAL STORY: How to Lose Money on A Low Interest Loan
When you invest in real estate, borrowing money makes sense because the right loan on a good deal will help you make money faster and with higher return vs. using all-cash.One of the things that people look at when bo...
Devon Garbus
New investor client is adamant about buying things that will lose money
So here is the story-There is a REI guru who does training and refers his local students to me. He's a great guy and his students know a lot about how to run numbers and are pretty good at estimating rehab by the time...
Ryan Detzel
Jump in and learn and get started even if we lose money?
I've been researching buying something for years (about 4 now) and have yet to pull the trigger. There is always a reason and in my area (Massachusetts) prices have stayed very high so that makes it worse. My wife als...
Account Closed
[FIX AND FLIP] Do you lose the money they put in repairs?
Look at this scenario: 100K ARV - 70% Rule = 70k - 20k repairs = 50k.100k ARV - 70K (70% ARV) = 30K PROFIT.15% of 30k for soft costs and 15% for my fee and flipper's profit. 12k for the investor/flipper and 3k for me....
Kelly Bellini
Will I lose my earnest money if seller lied during due diligence?
I'm really hoping someone can help me out on this one. I'm a first-time investor, purchasing a foreclosure, and I'm concerned that if I back out of this contract, I may not get my earnest money, even though it appear...
Mindy Jensen
BP Podcast 274: 3 Rules Paul Morris Uses to Never Lose Money
What rules govern your real estate investing strategy? For most, it’s a tough question to answer. But not for today’s guest, Paul Morris. Paul, co-author of the bestselling Wealth Can’t Wait, has been investing in rea...
Sean N.
Should I sell now and lose money to save more in the future?
I currently have a SF rental house that I’ve owned for about 6 years. It’s worth 180 – 185ish and still owe 126k. If I sell it, roughly how much would I have left after listing, fees, commissions and taxes if I don’...
Jin Zhang
Would I lose my earnest money if I do not have enough downpayment
Hi everyone, I am under contract with a property. Due to personal reasons, I can not put down 20% anymore. I can only put down 15%. However, my income to debt ratio would be too high for the loan to be qualified in th...