Jeff V.
Showing Equity on Balance Sheet BRRR Strategy
This question is to those accounting/bookkeepers out there.Lets say I purchase a property for 30k and put another 30k in repairs/holding costs for an all in cost of 60k. The property is now worth 110k and I'll be hol...
Aaron Hollenbach
Buying a first house, what will I likely be approved for?
Hey Everyone! My Fiancé and I are looking to purchase our first house shortly after our wedding in June of next year. We are pretty confused as to everything that goes into buying a first home, and what we can afford....
Joe A Warner
YOUR Standards for Screening Tenants...?
Good Evening!I am closing on my first property next week! After about 1-2 weeks of work I'll be ready to rent it out. I am working on the finishing touches to prepare myself to enter the wonderful life of being a land...
Nick Delfin
Buying a Rental or Primary Residence First
Hey everyone!I am looking to purchase my first rental property sometime in the near future (within 6 months).My question is, does getting a mortgage for a rental property affect my credit if I am looking to buy a prim...
Leonid Sapronov
Spousal mortgage, underwater property - what to do?
Hi all! Here I go again, reaching out for communal wisdom. Asking for a friend, who is in a tough spot: her husband passed away unexpectedly, leaving behind a rental property that is under water. It's rented and just ...
John Dersoe
To buy or not to buy? That is the question.
After some deals have settled out and debts paid, I'll have 100k to invest in Tampa area.. maybe the surrounding areas like Riverview, Plant City, Brandon or Clearwater, Largo etc. Am I missing something? I run the nu...
Christopher Diaz
Real estate investor attorney
My name is Chris, i am currently investing in scranton and just wondering if it make sense to set up LLC or just keep the investment under my name.
Sarah Hatton
Private Lending Acronyms
In the private money space, there are pages and pages full of acronyms. I wanted to share some of the common phrases I have come across during my time:Lender/borrower: "Here's the thing" = Everything I have said or pr...
Abby Zukowski
Cash out Refi Options
I have a rental unit and am interested in doing a cash out refi but not getting approval. Any ideas as to how to deal with this would be appreciated. I really don't want to sell this unit. Thanks in advance.
Patrick Crehan
Seller paying for closing costs? First time property buyer
I’m a first time property buyer and about to close on a prop. I am trying to negotiate a deal where we come up with price that is fair with me and the seller while getting the seller to pay for closing costs. But I’m ...