- Property is 3 bed 2.5 bath in Omaha,Ne in a good area - 1636 sqft- Built in 1969- Subject property was foreclosed on and bought for cash for 114k- Seller wanted 140 currently at 130k and seller would sign- Repairs 4...
Alright, I’ll just throw it out there and hopefully not feel too dumb when the answers start rolling in. I hear a lot about the 10 conventional loan limit. I have 4 single family houses and 2 loans (2 houses/loan). I...
I have been talking to fellow investors about wether it is better to own property free and clear or have some kind of money against a property even if it is a line of credit. Tax purposes is the answer I get when I tr...
How do you make sure everything goes smoothly in this part of a flip? Since these bridge lenders usually only lend for 48 hours, how do we line things up?
Let's say that today I have a contract/approval from the shor...
Hello (for the first time),
I have to say that this is a great and informative site! I’m crash coursing my way through the podcasts and soaking up knowledge. Thanks for sharing all this valuable ins and outs...
I don't have the cash for my 1st property I'd like to purchase as a holding. The house is next door and I have been in it. The only thing that NEEDS to be done is a new kitchen. Homepath is requesting a 20% down pa...
Last year I had a fire in my 9 unit mixed use building. There were seven apts and 2 storefronts. The building is mostly gutted and we've taken the opportunity to redo the layout to make it flow better since it is a 90...
Hey everyone!I am starting out as an analyst in Modesto CA in the next 6 months after I get my finance degree from Cal Poly. I got my real estate agent license about 8 months ago, and now that I am going to be earning...
I recently purchased a 4-unit property (like a week ago). While I was moving in, one of the tenants gave me notice that she would be moving out in 45 days. I reviewed her lease and it has significant penalties for ear...
I have a contractor whom I met from a friend of a friend. He is a jack of all trades. This is the second house flip I hired him for. First one went about 30-45 days over what was expected. He is a one man show so I ge...