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Hi all,I have a property that I bought using a HELOC from my primary residence as the downpayment 1.5 years ago. I'm considering selling the property in order to flip the equity from it into another rental property an...
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This is my first flip. The seller has accepted my email offer on her house. The cash buyer has accepted my price. Question: Do I still need to get the property under the contract or could I just connect the seller and...
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I have an opportunity to buy my first MFR (fourplex) with seller financing. The terms are 20% down, 5% interest rate, 5-year balloon. The properties are under market value and I know I am accepting some risk with the ...
I am selling 2 rental units to purchase unimproved land to be used as my future primary residence. In addition, I currently have my existing primary residence on the market as well. What are my best options to avoid c...
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I saw a house in a nice neighborhood that looks kind of outdated. Upon looking through its windows, it even seems it’s vacant. What are the steps folks have succeeded with in meeting the owner and then finding out whe...
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Hello! I’m curious to hear people’s opinions so that I can accurately weigh my options.
I currently have enough cash to buy both a home and an investment property with conventional loans. I don’t have the greatest ...
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Came across citations for not pulling permits on electrical,plumbing,roofing and car port. As being a first timer in flipping a home I wasn’t aware of this. Now I want to make things right and fix this issues and pay ...
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I'm investigating various options for short-term cash for rehabs. A loan for 401k looks like a good option. Any gotchas to worry about? Below are the rates charged in one of my accounts (Fidelity). As I understand it,...
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I have a question that I am hopeful someone here will know. For tax purposes, the real estate professional designation is something that is very helpful if you are an investor. Would a home inspector be able to clai...
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Okay, Ive made it my goal to buy a (probably 3 family) rental property before i turn 21 (Nov 14). What will be the smartest move now?* I have money saved but would NOT like to use it - other ways?* when buying your fi...