Ody Orad
First Time Home Buyer - Does a new cc affect mortgage application?
Quick question as a first time home buyer, I currently applied for a new credit card and I am looking to buy a house very soon (within the next 3 months). Before this new CC, I had a credit score over 700, will this ...
Aaron Yates
Macomb County Tax Auction - 1 Buyer bought all properties AGAIN
Hi all you fellow SE Michigan REI's. Well I got some very juicy inside news this morning. Thought it was going to put me into a sweet position of wholesaling and flipping some properties in Macomb County.
After getti...
Amanda K.
Spartan Invest Reviews and Experiences?
Hi Everyone! Has anyone had any experience with Spartan Invest in Birmingham, AL? They recently gave a presentation at a real estate summit I was at and was very interested in their turnkey rentals. Are there any t...
Ethen Royal
Other methods to Buy and Hold
Hello, I am looking to initially purchase 4 single family homes 20% down on each with a 30-year mortgage, then use the net cash flow on each property to save up for another 20 % to make the next purchases and so on. ...
Gabe K.
Pasadena Success Story: Note Exit via Settlement
Our extensive research process resulted in a significant pay off this week. In September, 2015, we purchased a non-performing 2nd mortgage on a property in a desirable area of Pasadena, CA. The homeowner had not made ...
Ryan Pearson
Buying Investment Properties while refinancing primary residence?
I just refinanced my primary residence and it took over 6 months to close on the refinance. I was told by the lender not to make any major purchases, or take on any additional debt, until the refinance closed. I just...
Jasmine Roberts
Non-performing notes-Can this really happen??
Hi everyone,I keep getting confused re: non-performing notes. Is there ever an option to secure the actual property by purchasing the property at a discount without going through the foreclosure process? In other word...
Amy Raye Rogers
HELOC > BRRRR
The following is a few reasons why we've used lines of credit to scale our portfolio as opposed to using the BRRRR method. The BRRRR method is a great tool, but has certain drawbacks that are accentuated in the curre...
Stone Teran
Frequent appraisal delays
I am perpetually frustrated with the appraisal process. It's the same each time: A sign a purchase contract for an apt building and my lender pre-approves me. They get bids for an appraisal and select the one with ...
Mack Lane
My ideal first investment property.
Investment Info:
Single-family residence buy & hold investment in Bainbridge.
Purchase price: $53,000
Cash invested: $6,000
Sale price: $92,000
This was my first investment property. It was a...