Jay Welker
New investor - Dover, DE area
Hi everyone!
My family and I just moved to Delaware and we're excited to be back in the Northeast. I've been learning a lot from the website and the podcasts. I'm even reading J. Scott's books. I'm excited ab...
David Kosiorek
First Deal in the books-73 days
73 days from purchase to sale, with 20 days left to closing or sooner. Bought an REO (townhouse) for $65,139 (cash) put almost 28k (cash) in and just locked into a contract for 129k with 0 buyers assist. If I can fi...
Jack Alves
Super high utility costs
I am in contract on a property I initially intended to buy as a rental. It is also a possible flip. The house is vacant. I don't know for sure how long but it seems like it has been a while. I called WE and learned th...
Donnell Durden
Off Market Homes w/ an Agent
Hey Bp
So I sent my info over to a mortgage broker and he said I'm a good candidate. A few hours later I get a call from an agent who says she recommended by one of the people who led me to the mortgage broker.
She...
Ankit A.
Capital gains tax laws around owner occupied property turned rent
Hi,I am living in the house I purchased back in October 2009 in Dublin, CA. I intend to move out of the house and rent it out for the foreseeable future. I understand that if I sold the house within first three years ...
Ryan Vienneau
Can I sell a property by owner in NY if wife's an agent?
Here's the scenario:I'm an investor, my wife is a licensed NY real estate agent operating under a broker in the Albany area. I'm currently working on my first flip deal, and want to have a yard sign out front with ou...
Dan K.
Rent vs. Sell? More equity or less cash?
Hi everyone! I purchased a single family house with hard money, rehabbed, and intended to sell. It appraised well, but isn't selling at the price I hoped for.I am thinking about renting and holding onto the equity. It...
Casey Waters
Line of Credit Secured by Land
I currently own 70 acres of land free and clear near Willow Springs, Missouri. I am looking for a lender from whom I can get a personal line of credit similar to a home equity line of credit secured by this land. Howe...
Gerson Santizo
Travel Nurse with Conventional Loan
Hello all, I am currently a travel nurse and recently purchased a single family home with a conventional loan. Since I'll be traveling for work most of the time, can I rent out the other rooms in my house with no issu...
Chakits Krulsawat
401K Row into a Property TAXES
I have a 401K that I would like to row into a property. How much or what percent can I row over without paying taxes on the money?