Mike Dymski
$1.2 billion real estate investing ponzi scheme
https://www.sec.gov/news/press-release/2017-235Awful situation...reinforces the need to thoroughly vet syndication sponsors.On a positive note, my 91 year old, very active, great grandmother is here with us for the ho...
Mark Weins
5000 calls - only 1 lead?
Hi, I am regularly cold calling to get a wholesale deal but I am experiencing extremely low conversion rates and I do not know where I am going wrong at for this to be happening right now. For this month I have worked...
Arpit Gandhi
Is my mortgage broker trying to scam us?
Background:
We bought an investment property in a major city in USA. Our agent is the broker and also a mortgage broker as well. We have enough funds to buy the property in cash but we decided to put 20% down and get...
David Lunsford
competing against the big boys
In large markets what is anyone doing to compete with the guys that have a 20K per month marketing budget. Here in the Dallas Fort Worth area there are multiple Homevestor operations that spend this much or more. What...
David H.
Who can cash out on 15 properties?
I called my mortgage loan officer yesterday to discuss lending options for my many properties in LA. I'm looking to grow my business, and I wanted to borrow using my rental homes as collateral. I have zero debt.She ...
Patrick H.
Buying a house to live in, buying rental property...in what order?
In terms of getting two loans, which is better:
1) Buying a house to live in first
2) Buying rental property first?
I would think buying rental property first is better. Once the rental property is purchased, t...
Rich Hupper
paying down a 30 yr fixed mortgage
Hello I know that these loans have predetermined payment schedules for every month of the 30 yr note. My question is what if I make a large principle payment? Will the large principle payment allow my next regular pay...
James Mudd
Confused about PMI...and how to avoid it...?
Hello all,
So...as I am researching the topic on PMI, I am coming up with conflicting responses. I am looking at a 3.5% (30 year) owner-occupied FHA loan for a duplex in Dallas.
From what I understand....
Jonathan Greene
New Investors: Ask Me Anything
If you are just getting into real estate investing and have a question that you need an honest answer to, ask me anything here. But don't ask a question if you are hoping to get a certain answer, and don't ask a quest...
Alon A.
Manage your property by yourself
Hey guys I would like to ask you what kind of app is recommended to manage the property by your self including screening , payments , messages and everything basically I don’t live at the state of my properties so I h...