Jesiane Fernandes
your opinion in these deal
HI good morning, my name is Jesiane and I am a new pro member. I am looking forward to buy my first property, and was thinking use the house hacking, FHA lone to buy my first property, but the houses in my area is se...
Mike Carlson
Rule of thumb for how much to have in reserves
Hello, everyone!My general question is how much should you have saved up in reserves to pay for large ticket, "emergency" type items on your properties? We are newbies just getting started. My wife and I purchased our...
Alfredo Chavira
20% down with a loan
Hi, I'm wondering if it is illegal or if it is simply not a good idea to get a loan from say Wells Fargo, put it in my savings account and sit on it for a couple of months and then use it to help pay for a 20% down pa...
Account Closed
Salvaging from a gutted unit
I have a family member that is purchasing a condo in the next month and getting the unit. I’m planning on purchasing a duplex in April. I’m wondering on your thoughts on what would be worth saving? I’m taking the kitc...
Phillip Boone
Student looking to start out
My wife and I have been married less than a year we will be moving on my campus both of our schools are fully funded with scholarships. My scholarship will also pay my housing. We have pretty decent cash flow and savi...
Raf Pinero
Seeking Advice from Those Wiser than Myself
Looking to connect with someone who has been there, done that, and can somewhat relate with my situation. I'll keep it concise:- I'm 22yrs old, working in Commercial Real Estate Private Equity as an acquisitions analy...
Allen Scoging
How much negative cashflow is tolerable?
The obvious answer is zero - it's a suicidal strategy! But, here's the full story:I live in SoCal and currently rent but have a down payment saved and ready to buy. Unfortunately, property prices are currently detache...
Payson Scott
Drop out of college and spend my fund, or stay?
Hello to anyone reading, I’m currently a freshman in college and here is my situation. I’m one semester in, and plan on finishing out the year. I have a college fund which contains roughly $60,000 (after this first ye...
Eric Delcol
Why do some people try to sell their house without an agent?
I'd like to pose this question to anyone who has insight into the 'off-market' market.Why on Earth would anyone not use a real estate agent to sell their house?It reminds me of the people who attempt to perform medica...
Carolyn Morales
Mortgage terms, 10, 15, 20 or 30 years and why?
For Mortgages, including Primary Residence and Rentals, Do you choose 10, 15, 20, or 30 year terms and why? We tend to go fewer years, with the mind to pay down principal faster and so far all are buy and hold, with ...