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Hey everyone, I am brand new to flipping and about to start my direct mailing. I had a couple quick questions as I have yet to write an offer or go through with a deal yet. I also do not have a real estate license and...
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I’ve been focusing my studying on Wholesaling Pre-Foreclosures lately. I’m ready to take that leap, but I want to make sure I have everything lined up correctly first. Please fill holes where you see fit.
With the au...
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Looking for advice on leveraging strategies in Baltimore, MD. I have two rentals, one paid off and the other with substantial equity. I have equity in my primary as well. I would be fine if purchasing a home through c...
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How long does it generally take before lenders start counting your rental income ?i recently purchased a new primary residence and rent my original home. how long do i need to be renting that original home for before ...
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While opening up the walls in the kitchen in our recent purchase -- a home built in the 40's with galvanized pipes -- I uncovered a leak in the wall behind the tub in the master bath. I already need plumbing work in t...
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I'm closing on a rental property on Friday. The title company called and asked if I wanted a survey. They said that since I'm paying cash, I don't have to have one. I told them no I don't want one. What do you gu...
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My wife and I are in our first year of investing and started purchasing property in AL in June 2020 and now have 5 single family homes and are mostly utilizing the BRRRR strategy to hold our properties as rentals. We...
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For my first potential deal (2 family, 30-40k - 2%/50% rules in place). In the interest of making my first deal at the lowest possible price, what do you think about my borrowing a business line of credit (from my cu...
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All,
I'd appreciate any input you all might feel like tossing in. I am looking at a 6-unit building and have been trying to figure out my own analysis and want to see what any of you think...
Size= 6 units ($500/mo...
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Has anyone raised private money where the lender opens a home equity line of credit to supply a deal? How does that work? What interest rate do you offer? What happens to the owners lien on the property? Can they sell...