Jon Elson
Pro's and Con's to 15 vs 30 yr. refi on personal residence
I recently did a rehab on my personal residence. Instead of selling, I will refinance, get cash out to pay off the refi and put myself in a zero debt position (except for the mortgage) to allow easier lending on inves...
Alejandro Flores
70% x AVR rule? Common?
Houston investor or any others, do you all use the 70% AVR rule? I find it hard to get deal accepted at 70% that's why I'm asking. Are most rehabber happy with other higher percentage?
Ryan Rubel
Noobie Number Questions
1. If I want to purchase a house for $100k as an investment property to be rented out, and I have the cash to buy it outright, is it not the best idea to purchase it outright? My other option is to put 20% down and g...
Jeff Piscioniere
Flipping in a self-directed IRA
Hello everyone!
Has anyone done or thought of attempting house flipping through the investment of a self-directed IRA? Specifically, I have been researching the concept of a self-directed IRA LLC with checkbook cont...
Vic Vega
Pay more to buy and hold?
Hey Everyone!So I'm new to real estate and have a question. I'm looking to flip but am certainly open to buy and hold/rent. To me it seems that when looking at a foreclosure that it makes sense to pay a little more if...
Stanford Neal Mead
How To Approach A Potential Partnership?
Hello!
We’ve been approached by a potential partner for a flip we are considering. My wife and I are still relatively new to this business, and we want to make sure that we’re taking all of the necessary precautions...
John Anderson
What kind of deals make sense in the current market?
With interest rates AND housing prices continuing to be elevated, I'm curious about what types of deals folks are doing in the current environment? Is it all-cash, cheap money left over from the pandemic days, or are ...
Sara H
Last month's rent
I have been reading through several of the posted topics, and several times I've read advice that said it is a bad idea to not pay the last month's rent. I've never skipped out on rent in my whole life, but am consid...
Greg Teplansky
Builder Leaseback good idea?
So we bit off a big one for a first investment! Wife and I just went to contract with a builder on a 2k sqft 4/3 townhome in a resort development in southern Utah. The deal is the builder will lease my unit for at lea...
Account Closed
Is the Deparment of Justice going to get tough on marijuana?
Today will be very important to see what the US DOJ will do on marijuana enforcement. So far they have made it public they will be scrapping all the memos and guidance that has kept prosecutors from prosecuting peopl...