Account Closed
Typical Wholesale Fee in California?
Hi, I'm interested in getting some feedback. What is the typical wholesale fee someone would pay to a wholesaler in California for a good deal? Is it on a percentage basis, or flat fee? If its flat, then what's the nu...
Christian Wathne
Working on 4th property; issues now with DTI, how to get funding?
Hi Everyone, Looking for your great advice and experience I'm working on acquiring a 4th rental and am concerned that a bank won't finance me because I'm already approaching the 45% DTI limit. I'm calculating this by ...
Scott Taylor
20% or 25% down on (2-4 unit) small multi-families
Is it possible to find financing (via fannie/freddie - or portfolio loans?) with 20% down on a 2-4 unit investment property?I recently had a lender tell me that 2-4 units will require 25% down. I'm ultimately trying t...
Steven Grabowski
ISO First Deal - How does this sound?
Okay, So I guess this isn't my first residential rental. I have another duplex that I lived in, couldn't sell, so now I rent it.
This is my first property bought with the intent of renting it immediately.
This hous...
Michael Lerch
Need advice on taxes for S-Corp (good beginner lesson)
So I formed an LLC and opted to be taxed as an S-corp in 2012 thinking I'd save money on payroll taxes when I make a ton of money, well... like most new investors I only made a little... $1,650 I paid myself out of a ...
Chris Coughlan
How to determine price for investors?
I have read that when you make an offer to a seller it should be between 40% and 60% of the ARV
As a general rule, what percentage will an investor pay of the ARV? 70%? More? Less?
Let's say there is a house with...
Ken B
Help! Novice here trying to figure out if this is a possible first deal for me!
I have some specifics on this one particular seller that Im working with right now. This might actually be the first house that I actually buy. The ARV is coming in around $720-$730. Its a SFR, 4bed/3 full bath. 1 car...
Amanda C.
First Time Landlord and Final Inspection
Just wanted to some advice on our final inspection and how you would charge. My husband and I are first time landlords so we are learning. Basically, overall we had good tenants up until the last few months. They beca...
Brett Fitzgerald
Starting a property management company
My parents own a duplex and they want to take a less-active role in managing it. They approached a couple property management companies in the area to get rates, then approached me asking if I would be interested in m...
Jose Harvin
How do you price a vacant or highly vacant multifamily?
There are little or no rents being collected, so factoring in the costs makes for negative cash flow.