Michael Jones
Owner financed BRRR??? Such a thing?
I need help analyzing a deal. Here's the situation:A home is being purchased by an investor for about $70,000. He's committed to closing, but has since found some other deals he wants and is looking to free up cash. T...
Joe Ebanks
Nuisance rent raises.. are they worth it??
Hi guys, I am new to the landlording thing. I have 7 units now and they've all been very successful. almost no vacancy. I read hear and in books about how you should always raise the rent each year. I tend to agree be...
Tara Faulks
Sell, cash our REFI or HELOC
I have a condo in Hoboken NJ with 300k in equity. We purchased it in 2008 for 440k and it’s estimated value today is 700k. It cash flows 250+ a month which is positive but has remained steady for the last 5 years. A...
Matt Foster
Lease option strategy?
Talked to a motivated seller today in Southeast Michigan. Owes $260,000 on the mortgage and the property is worth about what he owes maybe a tiny bit of equity but not much. PITI is $1580 per month. I'm positive he...
Rodney Dixon
Turning vacant properties into money makers
My name is Rodney Dixon and I'm a novice real estate investor. I've been locating properties in my city Tampa, FL for a month now and have a list of vacant properties that I want to invest in and turn them into ren...
Cassandra Brown
Properties listed for a 1031 exchange
I'm feeling very nervous about trying to complete a 1031 exchange for a property in San Diego county which has not yet closed. I was planning to buy some much less expensive duplexes in my home town in Wisconsin and ...
Aleksandar Milosevic
Miami Beach First Time Home Buyer Advice
Hi good people.I need a advice..I am single 40 years old living in Miami Beach and I would like to stay here.Currently I am paying rent and I have 100k in savings for real estate.What you will do in this market if you...
Michael Bingham
Rent to own or hold out for full sale? Need selling critique
I purchased a 3/1 for $52,000 and I have added another full bath making it a nice 3/2. It sits on just under an acre lot in a great location. Its been sitting for a few months at $133,000. I recently met with my re...
David Rutledge
Help with understanding lending process
Hi Everyone,I am looking to get some more information about different financing options both conventional and non conventional.I am just starting out in the RE investment world and I am looking only at long term buy a...
Orion Walker
Help, I'm making that classic "run out of money on rehab" mistake
Earlier this year we bought two houses that needed major work. We purchased them with a Fannie Mae Homestyle loan, which is similar to an FHA 203k. I got a bit carried away on the rehab, going beyond the bank loan amo...