Hi guys first post in the forums, forgive any naivete. I'm twenty eight currently working as chef who "likes" but doesn't love what I do. After listening to almost all of the forums I'm quite convinced this is what I ...
I placed an offer (through a Realtor) on a REO today. The proof of funds letter I had was from a Transactional Funding lender. The realtor was confused on how to write up the offer because I was using Transactional Fu...
I'm new, have yet to do a deal, been studying the BRRRR strategy and have a newbie question: Why must I wait 1 year to refinance? Once the house is rehab'd, why can't I refinance right away? Does it make a differenc...
Me and my wife used the rental calculator on a Triplex. We first ran the numbers as if we would be renting out all 3 units to see if the property was a good investment. All the numbers were solid and we had a positiv...
Hi All,
I am in the process of wrapping up my first project. As expected, I had some troubles with the GC on quality of work, what was agreed to VS what was done, etc. I have met a lot of good workers in di...
Hey everyone. My name is Derek Elliott. I'm a screenwriter living in Los Angeles. Brand new to REI. My journey began with a book called A Happy Pocket Full of Money. That led me to Rich Dad Poor Dad, which got me int...
Hey friends! My wife and I are just starting out and trying to get the ball rolling on our first real estate investment. I'll be completely honest, I'm a little overwhelmed. I just finished David Greene's BRRRR Method...
Hi Everyone! I'm just getting started in my real estate career and one area I want to improve on quickly, is rehab estimation costs as well as the added value from it. I am not a contractor by any means and I understa...
Looking for advice/opinions...
I'll ignore the details in this first post to keep this simple, but assume the situation is this:
I have a property that I can control for 9 months (the seller is willing...
Hello everyone, I'm finally under contract, the property is in Glenwood,IL. I've been waiting for this moment for +1 years. I'm very excited and scared, I haven't even closed yet and I have a hard time sleeping some n...