Marilyn Adams
notes
I am doing more income stream deals and want to know if this is a good approach for a passive investor for a jv partnership deal. Any inputs would be appreciated. We are putting a tenant buyer in the house for $500...
Ryan Weimer
Denied from Fannie/Freddie for "overall credit profile"?
Never good to get a surprise call that Fannie/Freddie is pulling the plug on you. Was wondering if anyone has heard of this kind of situation - Credit Score is 730+, Reserves are plenty, and DTI is well within range (...
John Khadiyev
Buy and Hold tax deductions
I am in a process of buying a property to rent it out. I know that the cost of bringing the house to habitable conditions is only deductible when you sell the property. But since you can deduct property maintenance ev...
Jared Smith
Should we keep our home as a rental
Hello everyone,We are currently living on the outskirts of Memphis, TN in a great, up and coming area. We purchased a home in 2013 for around $400k at 3.5% with $0 down and no PMI with a VA loan. Now we are getting re...
Cory M.
No W-2, Looking for Loan Options
I'm an American living and working overseas. My job has steady income, but no W2s and no pay stubs. I recently bought my first investment property with a conventional loan, but the lack of W2s and living overseas made...
Account Closed
First Time Hard Money Lender: Contract Advice
I am considering lending money for the first time. I would not consider this if I did not feel comfortable with the individual. He is a flipper in Prince George's County MD. We have many mutual friends and I have know...
Angela Sullivan
Wholesaling
I am just getting back into real estate. I am interested in wholesaling to build some capital. Can anyone tell me how I get started? I understand the concept but I have questions about how I find the investors for the...
Chinmay J.
Replacing Dishwasher nightmare.
When things are not going your way, something as simple as replacing a dishwasher can prove to be a nightmare. I am sure there are more people here who have experienced same total incompetence and lack of professional...
Dhwani Shah
Made a mistake in purchase contract, how do I correct it?
Hey guys. So my wife and I are in the process of buying a home for ourselves. We have one investment property, but this is the first home for ourselves. The listing price for this was 320k, but we ended up getting it ...
David Hart
Paperwork - What Form is Required?
Newbie question alert!
Say I've negotiated a selling price with a motivated seller, and the exit strategy is to wholesale the property via a double-close.
Do I use a standard Real Estate Purchase Agree...