Braxton Wilson
Thoughts on home warranty’s
What’s everyone’s opinions on home warranty’s. In what cases would you get one or should you even get one at all?
Dan Favor
Good to be out of the wood shed!
Hello,
My name is Dan Favor from MI. and it's good to be here. I come from a sales/Mortgage background, and I am ready to start investing full time. I am incorporated and have been in the proverbi...
Michael Spindler
Signature Loan for the Down, 30 yr fixed, then Refi?
Hello BP,
Regarding the use of a signature loan for a 20% down (acquired 3 months prior to mortgage application). How long do you need to wait to refi to get the money out to pay off the signature loan?
This is ass...
Greg R.
Dispute between tenants regarding security deposit
Hello BP,
I am no longer managing this building as I passed it off to a PM. However, I became aware of a situation the other day and I'd like to get your take on it. The situation is that two friends rented the unit,...
Bradley D.
Which is the best state, if any, to create an LLC?
Hello:When I purchase my first property I do want to LLC it; however, it will be in another state than the one I live in.Over twenty years ago, there was a lot made of the Delaware LLC as it offered certain benefits, ...
Emillio Henry
Off market duplex, fair price?
I found an off market property that is significantly aged “1877” brick colonial duplex, with “carriage house” in rear. Homes in the area are going for $130-140 sqft. this property is 1400sqft. 2- 1bed room 1bath units...
Patrick Gault
Strategy with increasing interest rates
I currently own two triplexes. The first I bought with a VA loan and no money down. The second I bought with an FHA loan and very little down. If I had put 20% down, both properties would cash flow beautifully. But wi...
Deja Williams
Hard money lending and holding costs
So when buying property using a hard money lender, while doing the rehab portion of the BRRRR method you obviously have holding costs that you have to pay while in the rehabbing portion. My question is how do you cove...
Account Closed
Want opinions on a unique situation.
Hi, I have a unique situation that I feel I need opinions from people more seasoned in real estate & life than I. To get started I'm 23 my father passed away last year. His commercial real estate developer budd...
Joseph Weisenbloom
203k for Newbies?
I currently have an opportunity that will need around 15k in rehab but I do not have the cash. It seems the best way to get this deal done is through a 203k loan.
Question#1 Would you recommend a 203k loan fo...