Jamie Nason
Will banks take a loss on a short sale?
I just found a 1BR 1BA 650 SF Condo in my area that is a short sale for $100k. Did some digging and 2BR 1BA 850 SF units in the same place are selling for around $120-140k in the past year. HOA fees are $350 a month a...
John Krudy
How to value LP cash contributed to a deal?
Hi - I'm wondering how to think about valuing cash from an LP in a deal. For a simple example:Two GPs of an LLC find a deal for a $100k property, and get a loan for $80k.They want to use other people's money for the ...
Trey Warner
Trey Warner RE Investor
My name is Trey Warner and I'm from Orem, Utah. I am originally from Huntington Beach, CA and I love to surf. I have been investing in real estate for about 8 years now. I am now 35 years old and feel younger than eve...
Fahadbin Alam
How do I refinance? from a lender.
1. Can someone explain the step by step basis on how to refinace?
2. Why do people buy the property first and then refinance? Couldn't they say, "Hey bank what will the apprasial value be if I did this....Could I get...
Wendy Lee
Weighing in on a purchase
Hey everyone. I'm fairly new to the long-term rental market. I'm moving to a new city (Richland, WA) and we're buying a $335k house there with 5% down, renting out the basement for $800/month. I'm considering buying a...
Account Closed
Losing money on a lien
Simple novice question: can you lose money after buying a lien?
Sarah Cheong
Houston - Wealth Club 5 years to financial freedom course?
Hi Everyone, My husband and I are starting out on real estate investing in Houston, TX. We have 1 rental and done 1 flip. We were interested in going to Wealth Club's course this weekend on 5 years to financial freed...
Tony Sas
What should I do?
I currently own a 2 family worth 650K, that I owe 310K. I rent out both apartments and break even after all expenses. (I have cashed out twice on this property to buy and build my primary residence). With the market t...
Account Closed
I am not self-employed but want a Self-Directed 401(k) - ??
I am interested in transferring my 401(k) from my previous company into a Self-Directed 401(k) - NOT a Self-Directed IRA - for the purpose of investing in cash flowing rental properties. However, I don not have a busi...
Gene Hacker
New limitations for Private money investors in CA?
I have read that now its only legal to invest 10% of your liquid net worth in a trust deed in California. So if you want to buy a 100k trust deed you need to have a cool million in the bank. I have also read that yo...