Tyler Norman
How do you calculate into the deal the amount someone owes?
Do you take into consideration how much the seller still owes on the property? If they are upside down, if so how do you calculate that into the deal and talk about that with the buyer?
Michael Itzo
If plaintiff bids over the judgement amount, who gets that money
I am the plaintiff in an upcoming auction in Pinellas county Florida. The judgment amount is about $42,000 and the assessed value is $47,000. If I bid $47,000, do I win without any payment to anyone? If payment is r...
Sandy Uhlmann
Investing with a small amount of money-Where should I invest?
My son has a very small Coverdale Education Account of which I am the custodian until he is 21. It has just under $3000 in it at present. I converted it to a self directed account so I can have more diversified inves...
Emily Wilson
Does having a heloc limit the amount on a conventional loan
If we might normally qualify for a conventional loan for 500k. However, we have a heloc for 100k, does that mean the banks will limit our loan to 400k?
Kevin King
How to Qualify for higher loan amount as a business owner?
Hey guys,So I own my own business, and last year I purchased my first home and investment property (a duplex). It was a little tricky getting a loan as I own my own business and I pay myself periodically, about $100k/...
Tkai Savage
Do you need the full cash amount to flip a house?
I don't quite understand how flipping a house works. I understand that you buy the house for a low value fix and renovate it, and sell for more than what you bought it for. Can you get a conventional loan to purchase ...
Dan Perrott
Social security - how do I verify the SS monthly income amount?
I have a pair of tenants applying to lease a property that are on social security. They have shown and given copies of letters that show the monthly benefit amounts. They seem real but I am not sure. All benefits a...
Deadrick Colbert
Appraisal came back the exact same amount as my asking price
I'm in the process of purchasing a hud home. I thought I was getting a great deal, however the appraisal came back the exact same amount as my offer. The house sold in 2010 for 41k higher than what I offered and it is...
George Pauley
ROI increases as amount down increases? Where is my analysis flawed?
Hi gang,Been away for awhile. Retired about 3 years ago and have been living the dream on my passive real estate income. :)I recently sat down with a friend to help them analyze their first SFH rental investment. D...
David C.
What $ amount cashflow per door really gets you out of bed......
Hey folks,
The more deals that come across my desk for multifamily units, the more I ask myself this question: How much cashflow per door for a multifamily property makes sense for me to manage a small multifamily b...