Kirsty Exner
Possibly found my first deal... don't know if I should jump, HELP
Hi! I am extremely new to this and THINK I may have found my first pearl. It is a Harvey house in Montgomery Texas listed for 66K. I am estimating my rehab cost to be right around 70K with an ARV of $185,000. On paper...
Thomas Oliver
SBA Loans Who has received them?
I am in My 2 stages of the EIDL loan. They are talking about Collateral in the loan Docs. But do not have a list. Are they putting a lean against all of my Properties? If so I’ll tuff this out with out there money....
Brent Wood
Halfway House Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $235,000
Cash invested: $35,000
Purchased my first rental property and turned it into a halfway house.
Making a f...
Jack Fick
Short Sale Approval & Quick Claim Deed
To make a very long story extremely short: I assisted a friend with the purchase of her first home a few years ago and of course now, am being burned, after circumstances led her / her family to multiple late payments...
Art Perkitny
Donald Trump Executive Order on Affordable Housing
Read this the other day regarding Donald Trumps recent executive order on examining the affects of regulatory barriers at the Federal, State, local levels on the availability and development of affordable housing. htt...
Bob Daniels
Downfalls of Subject-To deals?
I love the theory behind a subject to deal, however i'm curious how some of you guys handle the potential drawbacks of the deal.I'm not very worried about the due on sale clause, it seems that this happens so rarely t...
Grant Rothenburger
Question about buy, rehab, refinance, or BRR
Let's say you use a HML to buy a house worth 100k ARV, for 30k plus 20k for rehab. When it is done you want to rent it for cash flow. Now you want to refinance so you can get rid of the expensive hard money loan. Her...
Jordan M.
Question For CPA's Who Chose Real Estate Tax
Hello everyone,I recently graduated college, with a Bachelors in Accounting. I am also taking a Masters program that will allow me to sit for the CPA Exam. I have a huge passion for investing in real estate and I thin...
Chris D.
Beach lot purchase, Bethany Beach, DE - what should I do?
Hi All:Happy Friday. I co own a building lot in Bethany Beach, DE. For those of you in the DMV area, the community is called The Salt Pond and the lot is approx. 2 miles from the ocean. It is a desirable lot as far as...
Josh B.
HOA required to do snow removal. Always icy and never shoveled.
We have been at our property now 2yrs. Every winter it is a nightmare here. This is a 8 unit building with $189 HOA fees. The back stairs are ALWAYS caked with ice so bad that most people avoid them. The gated parking...