Raymond Lei
Thoughts on purchasing my parent's reverse mortgage home
Hi guys,Wanted to get your opinion on a situation that I am in. My parents (father) took out a reverse mortgage approximately 5 years ago and have accrued about $160k in total. The net worth of the house is worth $275...
Tina C.
Quick question...Do any of you do anything above and beyond for your tenants?
For instance, we give a gift card at Christmas as a Thank-You for being great tenants. When I have a new tenant move in I like to make sure they have the local phone book, recycling/garbage schedule and other local i...
John Spina jr
203K Loan lending and question
Hey everyone,Im a general contractor and I find buy, fix and hold very appealing. From what I understand, a 203K loan includes the purchase price and the rehab price. Do big banks provide this type of loan? Also is th...
Paul Williams
New member Introduction
Hi my name is Paul. My wife, Joann and I, are looking for financial freedom through real estate. The purpose is so we can spend more time working in ministry, be more generous, travel, and be in control of our time a...
Ryan Riches
House Hack turned rental property
Investment Info:
Single-family residence buy & hold investment in Colorado Springs.
Purchase price: $355,000
Cash invested: $5,000
Purchased this property as our primary residence with the intent...
Andrea Kraft
Our First Rental - BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $160,000
Cash invested: $60,000
4 Bed 2 Bath split entry single fam home with detached 2 car garage
What m...
Kristopher Kelly
Why Stay In A Primary Residence For 1-2 Years?
I have a VA loan on my condo right now and I have lived here for six months. I got pre-qualified for $240,000 for my next purchase. What would be the things I should consider before moving out prior to that 1–2-year m...
Daniel B.
Self directed IRA allowable activity question
Hi, On self directed Iras I understand it is more about who you can invest with vs what you can invest in,And my IRA can not self deal with myself or most of my immediate family members. I have done 1 self directed I...
Kaitlyn Beard
Can I buy 3rd home with a conventional loan (I have 2 VA loans)
Hey all,I know some lenders differ but I wanted to see what you guys have to say. I have two SFH properties now. I house hacked my way into the second and am gaining more tenants in December. I have enough for a 5% do...
Mike Berry
4 plex insurance question that is in an LLC.
my wife and I are the 2 principals in our LLC that owns a 4 plex. We also reside in 1 unit of the building. We are currently getting building insurance quotes, but we are currently on a business policy with Nationwid...