John Michael Rico
ZIP CODES TO INVEST IN JACKSONVILLE FLORIDA
Hi Guys! I am looking into investing in Jacksonville Florida. Do you know the best zip codes to invest for small multifamily? Looking forward for your response.
Paul Herman
Looking for creative ways to fund a STR without 20% down-payment.
Currently, I am saving to purchase my first STR. I'm hearing from most lenders that they require 20% down if the property is not considered a primary residence. Does anyone have any creative methods to obtain funding ...
Teague Anderson
What do you think of my 1031 plan?
Hello,I have an idea I want to run by you all. Someone's probably already done it, but I felt clever for thinking it up... if it actually works.I have a condo in Boulder, Colorado that I bought in 2013. It's appreci...
Matthew Cope
Insurance Rate Increase by 20%
I recently read a local business journal article that predicted insurance was going to go up by approximately 20%. The main reason was under insured properties due to property values continuing to climb along with an ...
Laleh Omaraie
DTI Calculation Confusion
I have income from a W2, 1099s/Schedule C, and rental income on my house hack. Something about this seems to make calculating my DTI wacky; I know lenders aren’t just adding up my gross income from all these sources a...
Sidney Garcia
Can the 2 year work history be waived on a FHA loan? unique situation.
Hello everyone, I would like to have a FHA loan for my first investment property and put down 3.5% as down payment. even though I don't have a two year work history, I have 6 months of great bank statements. Making 10...
Alex Santini
My Financial Plan
It's likely I conceived the most horrendous financial plan many of you have seen in a long time, so if anyone would like to save me from my ignorance I would be more than indebted to you. In short I would like to take...
Todd Powell
Down $200,000 in stock market! Glad I have $10,500 RE Cash Flow!
This has been a brutal 30 days, as my stock market accounts are down over $200,000. I do have the dividends still coming in many of my stocks, but I am thankful I have worked for many years to establish stability in r...
Ethan Bowen
Quiz for you creative finance guys
So I'm going to look at a house tomorrow. Here's the scoop:The seller is selling the house they are living in to move into a bigger house. The prospect property is owned free and clear.My task:• Talk the seller into f...
Christy Glenn
Fix & Flip or Hold
Hello, all,
I am conflicted on what my next path will be. At this point in time, I don't know whether to buy cheaper properties for CASH and do only needed repairs and resell, Fix and Flip. Do several of those?
I ...