Jesus Sosa
Seller Financing for BRRRR Strategy?
Currently have an opportunity to obtain a property via owner financed. Debating on how the terms being structured will effect my BRRRR exit strategy. PP: 76kDown Payment: 6KInterest: 8% Term: 20 yearsMonthly payments:...
Desiree Rejeili
What To Save for When Buying a Home
Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be. By understanding the costs you may encounter upfront, you can take control of the process.
Here are just a few things e...
Robert Steele
Gross income 3x rent too simplistic
I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
Ashley Rothacker
Using Friends/Family Money to Grow STR Business
Hello! We have some friends and family that are looking to invest in our STR real estate business. They would strictly be investors and we will maintain all the work (i.e. finding and purchasing the property, then man...
Jennyfer Sakiewicz
Flipping gurus? Just getting started
Hi! My husband and I have recently launched our real estate business with our first flip and are looking to expand in order to replace our income and grow our family's legacy. I wanted to ask about the flipping guru...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Kelsey Cole
How to avoid offending an owner but coming out happy with a price
I am hoping for some advice from a seasoned group of people. I am currently looking at acquiring my first property. This is an off market duplex that I found while walking around an area I was interested in. I was abl...
Jeremiah Belin
Owner Financing Question
Can you get a property under contract with the seller and then rehab the home and then try to refinance it with a bank while it’s still under contract?
Shawn Mcenteer
Removing PMI
Does anyone have any helpful tips for removing or reducing PMI on an existing mortgage? The house I currently live in has a monthly mortgage payment of $1950, $300 of which is PMI. My wife and I have lived here fo...
Jennifer Whitledge
Hot water problem causing huge bill
Is it fair for me to not have my own hot water heater instead of 3 apts running off same heater that is downstairs in a apr where their is alot of kids and randon people taking showers. My power bill is almost 100 due...