Remone R.
Seller hasn’t signed termination of contract
So here’s the deal...
We are technically under contract on a property in Texas and a few days before we were to close we got the appraisal back and it came in 8k under the contract price. Now since it’s a fha loan we ...
Ben Leybovich
Don't Buy $30,000 pigs in Ohio (or Mid-West)
It's not talking this time, though, if you've been paying attention, you know that I've been preaching this message for years... Here's an email from this morning names and locations edited out):Hey Ben - Really enjo...
Mindy Jensen
Introducing: Long Distance Real Estate Investing by David Greene
Introducing Long Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Properties by David Greene.Is your local market keeping you from investing? Are you leery of investing in a property where y...
David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
Philip Johnson
Loan says I got 48 "Debt to income" ratio, what he talking about?
Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...
Adiel Gorel
Will COVID-19 Cause a Recession?
As we all observe and fear the Coronavirus, we see many cities under “shelter-at-home” restrictions, and many “non-essential” businesses closing. Then on the other hand, the Fed lowered rates almost to zero, and mortg...
Chris Jensen
Do Real Estate Agents Shun FSBO Properties?
So I'm genuinely curious about this topic, and I apologize if it's been covered previously. I've been thinking a lot lately about sellers who go the fsbo route but say they are willing to entertain buyers with agents...
Aaron Yates
And they said I would never do it!! If I can, SO CAN YOU...
Hi everyone! My name is Aaron Yates. I just found this site a couple days ago but have been glued to it for 3 days now. I love it. I needed this years ago so my venture could have been a lot easier for me to get where...
Nick B.
50% of the house for sale! What's there for an investor?
Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
Daniel Walker
Advice appreciated! - Negative cashflow but positive equity?
Hi Folks,I am new to buying real estate for investment purposes, but have held a rental in which I used to live since 2014. With equity I've extracted from the first house I am looking at a 2-bed town house which has ...