Ricardo Meza
Foundation Crack - San Jose, CA
I'm going to look at a property that has a foundation crack. I don't know the extent of the issue, but, what are some things I need to consider before making an offer? Would there be concerns for the rest of the pro...
Shiloh Lundahl
What are your MOST CREATIVE WAYS of getting BANK FINANCING?
As many of us have come to find out in real estate investing, our ability to grow a real estate portfolio is highly dependent upon our ability to leverage our money. Or, in other words, use others people’s money to ma...
Gabe K.
Loan Mod: what terms would you use here?
I own this paper and the borrower made a solid offer to start paying $6000 up front and $700/month. He has a 6-figure income and can afford it. Here are the other numbers:MV = $50k and decliningUPB + arrears = $211k...
Jeff Lundeen
Effects of interested rate on returns from BRRRR
When interest rates rise, your refinance rate could be worse than your original. How do you work this into running the numbers? Does it leave you with a lower cash flow than originally projected? Can you maintai...
Nathan Buss
New PMI Rate for FHA loans
Hi all,For those who have not seen the news on this FHA is reducing the PMI rate from 1.35 to 0.85%! This is a significant savings and could mean the difference from cash flowing and not.
Mark S.
Primary Residence: Refi Options - To Cash Out or Not?
I’m weighing options on whether or not I want to refinance my primary residence. I am in no rush necessarily to pay off my home, so we can leave the debt free vs not debate for another thread. I am also only interes...
Peter Arboleda
Need help making an offer on my FIRST REO property!
Hi I'm looking to purchase an REO property in the montgomery county, PA area!!! I was able to get in touch with the realtor that's going to be listing it with the bank by the end of the week. It was a recently foreclo...
Account Closed
Owner Contribution or Owner Draw account question
Thanks for taking the time to review in advance. I just wanted to get some clarity on proper protocol. On a partnership LLC, when you do a distribution , are you offsetting account for your owner contribution , ( so ...
Brian C.
Fix & Flips Tax Strategies - Am I missing anything??
My two partners and I recently formed an S Corporation with the goal of generating cash flow from fix & flips so we can reinvest the profits into long-term rentals. We decided on an S Corp so we could reduce SE ta...
Joyce Corbin
Taxes are KILLING ME!
I desperately need to purchase a rental property to reduce my taxes. Finally to the point where the cash flow is good but taxes take a huge chunk. Not sure where I start because I want to retire within the next year o...