Cody Stone
Best financing option while holding a job
I'm working a full time job and am beginning the process of doing my first live in fix and flip. Is conventional financing my best option? And does a 203k loan require me to hire a licensed general contractor? I plan ...
Jacob Casarez
Financing
Can a bank or lender finance 100% of a deal if I were to get an offer accepted for less than 80% of the property's appraised value?
Wilco Ravestijn
Periodic 2 month Lease vs 2 year lease
Let me start out with saying I know I should probably replace the tenant however, I'm curious about my short term options.We're 6 months in to a 2 year lease. He's paid late every month and always in 2 installments an...
Abou C.
Student housing
Currently a college student and planning on acquiring first multifamily investment in 2015 with a business partner in Rhode Island. Niche model would be student housing since we some of the top colleges in RI from Br...
Shane Short
Should Real Estate Companies generate leads for their Brokers?
Hello everyone! I'm newer to the Real Estate Broker side of things, and I wanted to see what other Broker's opinions are. I see a lot of ads from brokerage companies that offer their Broker's leads. They say they have...
Kendrick Fisher
Bank owned but not listed for sale
I live in a small town in north Texas. I noticed a house was vacant and had the winterized labels on the doors. There is also a key lock box on the front door which I would assume is for workers since it is not curr...
Kim Hawkinson
Business name on phone calls
OK, so I'm new to the whole getting the buyers list going buy it is going which is the good news. I was just wondering if anyone had any thoughts on this:
I haven't created a business yet (name/company/anything) and...
Keith A.
Costs/benefits using LLC versus personal name
I have properties in my personal name with conventional financing. A few of them have conventional mortgages so I am well under my limit. I am in the process of purchasing a 4plex cash and was planning to use an ...
Roman Rytov
Leveraging appreciation - HELOC or sell?
I have three duplexes with interesting characteristics. When both units are rented the CoC (after insurance, taxes and PM fees) are about 20% CoC which is very good. On the other hand, the vacancy rate is the highest ...
Alex Prescott
How to compensate partners properly?
Hey would anyone be willing to give some insight on how to properly compensate partners. I am a newbie investor in the Kansas City MO area and I am looking specifically at two kinds of partners for my first flip:
I ...