Adam Winters
New to Houston
hello everyone,I'm new to Houston, TX. I just left the military after 6 years of service. I learned a little about wholesaling real estate throughout my service. I would like to bring my ambition and enthusiasm to the...
Carol D.
Hedge Funds by properties in my area
Hedge funds are buying up properties in my area at local auctions. This is probably good for the economy because it is helping banks get rid of unwanted properties... but what will that do to my properties. Will ren...
Account Closed
Deductible for flips & rentals
After 10 years of investing in real estate I just made my first claim. What a pain in the you know what.
Well I have decided my deductibles are to high now. I was using 2% of the property value as my deductible. Now...
Tudor Francu
Cashout Refi vs Seller financing
HiI bought a 7 unit building 2 years ago cash. Id like to get equity out to acquire more assets. Building is producing on average 15% annual return. I have 3 scenarios;- cash out refi for 75 % LTV at 5.5% rate for 20 ...
Dan Brindley
Does 2% rule apply to financed as well as cash-bought home rentals?
This may be a silly question, but does the 2% rule apply to homes that I would buy outright?
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One more thing, is the 50% rule only applicable to financed rentals? Be...
Nicole Nichols
Getting started
My husband and I are trying to get started in real estate investing and we could use some advice. We've partnered with 2 friends and want to purchase either a 4-plex or small apartment building (up to 12 units). My un...
Bienes Raices
Mother in law suite in SFH
I was wondering about people's experience with renting these houses. Do potential tenants in the main part of the house get turned off by the fact that someone else will be living in an attached apt? Do you need to of...
Tina Yeager
Bank accepted another bid-anything I can do now?
My husband & I thought we made a good offer ($100) over asking price for a foreclosed home owned by the bank. Someone else bid $15000 more & won the bid. We have our loan commitment letter & no contingenci...
James De Silva
Conventional financing in Michigan
After completing my first cash only purchase (yay me!), I'm up to purchasing numbers 2 and 3, but I'd be looking to finance these properties given I've only got enough for either one more cheap cash purchase, or two g...
Matt Bailey
What does a cap rate of 7.9% tell you about a duplex?
What does a cap rate of 7.9% tell you about a duplex?How do you use this information?thank you