John C.
Good book on note buying
Is there a good book/course in buying notes? Can a joe schmo buy a note for a particular house from a bank like Bank of America or other big banks or little ones too for a house that is going into foreclosure or in i...
Kelly Spafford
Financial Preparedness
We want to begin investing in real-estate and prepare myself financially to move in this direction.
Question ~ we took out a line of credit to make some improvements to our home about 9 months ago. We live in an u...
Chauncey Ponting
Mortgage insurance increased! Can they do that?
I have a mortgage on my home through rocket mortgage. I received a letter say my payment is increasing do to the mortgage insurance increasing. Is this legal? I’m assuming it’s because I have a 2.75% interest rate and...
Hogan Underhill
Organizing My Forms and Documents on a Rental
I just bought a house and turned it into a rental. I created an LLC for this property. My biggest confusion with real estate is knowing what documents I need to file and being organized with my property. I feel like ...
Greg B.
Market Value affect of purchasing below market value
I have a question about multi families being purchased within the same area and its affect on overall market value.If I purchase a multi for $60k with a market value of $100k, another investor purchases a property a b...
Maiko Miyake
what is Cashflow ARM loan?
Anybody knows what this is? and how does that differ from a conventional ARM loan?
Heather Shannon
Best Way to Finance a Chicago Single-Family B & B investment?
Hey All,I'm eyeing a property in a nice neighborhood in Chicago that is listed as a single family. I think I can get it for $650k and would estimate putting about $150K into it to make it truly shine as an AirBnB (I'...
Sean Moen
8 Unit
Hey gang,Just looking for some feedback on a deal I'm looking at:8 Units w/ Listing price @ $500,000 however, here's what I'm calculating out to:7 Units occupied @ $595/month - 1 unit purposely left empty for showings...
Dan N
Help needed - trying to buy after sheriff sale
So - I found a property that I want to own (not an investment per se).
Turns out that the sheriff sale has already occurred and the people living there have a 12 month redemption period in my state. Property was lis...
Gary Landon
Rich Dad Poor Dad Question?
In the chapter “The Rich Invent Money”, he gives an example of buying a house for $20,000 and selling it on a note for $60,000. I assume he has a mortgage from a lender for the $20,000. My question is how does the not...