Yakub Saputra
FHA LOAN FOR MULTI IN LA
Hi fam,I’m a self-employed looking to buy a multifamily (3-4 unit - is the goal) in greater Los Angeles area(LA and/or San Bernardino county). I’m trying to get a FHA Loan. How much income should I record as a taxable...
Matthew Walker
Can i turn Personal residence into an LLC?
Can I make payments to my personal residence turned LLC then cash out later to purchase more properties? We are about to refinance which would increase cash flow and build for more real estate. Currently we have 3 re...
Richard Gaston
Relearning how to walk
In the late 90's I have done this before. My experience on that is I did a Common Mortgage at 70% LTV ARM NoDoc Loan and the Investor I bought it from carryed back a 2nd mortgage which resulted 100% Financing, all ...
David Wallace
Debt/Equity Structure for a $1.5M Development Project?
Me and a team 3 others are in the early stages of our first development project. The team is comprised of myself, degree in Finance & Accounting with experience working in budgeting ad hoc reporting for a commerci...
Megan Hirlehey
Where to Draw the Line
Hello,My best friend's mother is currently going through a divorce and trying to sell her house. She just dropped a potential buyer after over a month of going back and forth with low-ball offers, inspections, negotia...
Jesse Williams
Working towards my first deal
Hey Everyone, I am currently working as an insurance agent in the Sacramento area. Recently I've decided to start pursing a business as a Real Estate Investor. Since I know very little about RE Investing I have been c...
Account Closed
Seeking advice |Large land/construction deal
Posting anon because the Internet is forever... :)I'm a small investment co. that's only done a couple of deals so far, though I do have experience in the past doing deals with land subordination & creative financ...
Collette Douglas
OMG $8000 FLOOD INSURANCE PREMIUM??
Just reached a purchase agreement yesterday for a SFR in Rhode Island. Built 1880. In AE flood zone. Basement with bulkhead, can't find a flood elevation certificate yet. No claims on file. Just called USAA and was qu...
Johnny P.
Code officers pester illegal advertisers with robocalls
This is insane! What do you guys think about this? Its for my home town of Orlando, FL.
Local officials are launching a "robocall" system that will repeatedly dial the phone numbers on the signs with a recorded m...
Charlie Stewart
My First Opportunity
Greetings all,My first post to the forums. I've been hiding out, listening to the forums and planning to make deals! I'm the person that likes to plan on making plans. I think I have something that is edging me for...