Jacob Dimick
Denied Loan just before closing due to not beleiving i'm moving
So I was a week out before closing on 2 unit in South Portland and the underwriter denied my loan. First of all I feel like the bank I used should have never had me pay for an appraisal if the suspected my loan wit...
Reggie Dumont
Cash from credit cards for downpayment
I was recently in conversation with a fellow investor who just started out, He explained his strategy for buying low cost multi-families is by using cash from credit cards when they offer o% for 18 months or whichever...
Chang Hee Lee
How Are You Dealing With Increased Rates?
I was working with some investors yesterday and were calling some of the local banks in town. Thank God owner-occupied loans are still under 5% but I had some lenders quoting us 6% on a fixed 30-year for investment pr...
Damian Callaghan
How to find Cash flowing properties - What am I missing?
I'm new to investment but spending a lot of time on market and deal analysis. I am ready to buy but so far - even in markets where you can still pick a home up in an appreciating market for $250K - I am struggling to ...
Marquez Robinson
New Inverstor , 19 y/o
Young investor 19y/o wanting to see what I could start doing now to prepare myself to buy and home soon and hopefully rent it out . Currently in the army , and plan to get out.
Allen Harris
Tennessee Investors: Favorite area for low-cost rentals?
Hey guys, I'm in deep research mode gearing up for my first REI purchase. I want to start conservatively, and I want to pay cash instead of using loans. That means I'd like to be all-in with my first property for arou...
Kay M.
Hard Money Loan- credit, cash, and debts
Hello, I'm a newbie in the learning stage of investing. I've always been interested in investing in real estate and just bought my first house and will be renting it soon. I though that was the end of buying until I...
Ludmila M.
What are the cons of taking out ROTH IRA contributions?
My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...
Andrew James
Finance a sheriff sale with hard money loan, then refinance
Hello - First time poster here. Eventually I'd like to get into real estate investing, but for now this is about financing my primary residence. I've done quite a bit of research on this deal, but there are gaps in ...
Turner Wright
Bad Deal—Help for 1st Investment
My first RE investment may be a bad investment, according, to two realtors who specialize in the market area. I estimated an ARV of $310k after rehab, but they say I will be lucky to get $275-285k. Below are the det...