Emmanuel Ola
Deciding Between Hard Money Loan and Conventional Loan: Need Guidance
I found a good deal that I really like for $160K, which has excellent cash flow potential. Initially, I was planning for a quick sale and contacted my private money lender for a hard money loan. My plan was to put dow...
Charlie Jones
Calculating Repair Cost
When doing a property analysis and using the 70% rule, knowing the repair cost is pivotal. As a new investor, how can I quickly calculate repair cost during the general analysis portion of property analysis in orde...
Asher Anthes
Any way around the 1 year rule?
So, I was excited about doing a 1031 for my first flip, but then I read that you have to own the first property for at least a year. Is there any loophole out of this? I want to flip my first house relatively quickl...
William Coet
What Should We Do? Adjustabale Rate HELOC or Fixed Rate HELOC?
-The Fixed Rate HELOC is 5.49% for 20 years.-Here is the info for the ARM: • Rate variable based on Prime -.51%. This rate includes all applicable discounts. • New minimum monthly payment will be Inter...
Petr Stuchlik
Lead testing/remedation for multifamily
Hi all. I'm looking to buy (put offer down) my first multifamily (a duplex) in central MA in next few days. Owner claims that there was a lead inspection done about 8 years ago. However, he cannot find the report he ...
Camerron Feagin
Exit clause for Wholesaling contract
I am a beginner in real estate investing, and I am wondering if a standard financial or inspection exit clause would do for a wholesaling contract.
Rodney Dixon
Foreclose on a tax lien
I have a 2 quick ones here in which regards tax lien investing. 1). Are tax liens foreclosed on the same way that actual properties are foreclosed on?2). What are the top 10 states with the shortest redemption period?
Tim Willms
Western Wisconsin Foreclosure is now in Redemption period or preREO
Hello all. I am a person who follows Sheriff sales in my area and am trying to break into investing with deals this way. I am currently working on two different foreclosures. I want to basically wholesale or quick fli...
Sami Yacoub
BOUGHT IN CASH - HOW SOON CAN I REFI OUT?
Hey Everyone! So recently I purchased a property in cash and am debating on flipping or holding. If I decide to hold and place a tenant in there, I’m looking for guidance on options to do a cash out refinance quickly....
Bobby Walters
Best LTV for Refinancing Rental Properties
Hello Everyone - I'm looking to implement the Refinance part of the BRRR strategy and am seeking advice on lenders you'd had a good experience with. Maximizing the LTV is of particular interest, so I'd be keen to kno...