Michele G.
Getting mixed advice: Cash Out Refi or Sell?
After talking to several professionals (real estate, banking, CPA, etc) I am getting conflicting advice about what course of action we should take. I am not sure which move makes the most sense for us. We have over 10...
Adam Summers
Complex Closing on Foreclosure
I recently won an auction on a popular foreclosure auction website. The house that I won sits on two lots. The majority of the house is on the primary lot but the attached garage and part of the basement extend into...
Ross Bernard
Financing Flip and Rent
I've been digesting this site for about two years now and have recently become interested in flipping. I would like to purchase a property, rehab it, and then rent it. My question: From a lender's standpoint, what exa...
Devin Drowley
Need advice on possible buy and hold
Hi,I'm new and I would really appreciate advice on whether to proceed with a deal in Chicago (this is my first potential deal). Here are the details:I have the property under contract right now for $469kWill take abo...
Michael Sheibar
LLC vs. Umbrella - Specific Scenario - Need help
I know this topic has been hammered, but still cant decide whats best. Looking for feedback on a real world example. -Singled Family Rental Property-Rented to College Students Sept-May, and on a weekly basis in the Su...
Antoine Justiz
House hacking but no cash flow potential
Hello Everyone,
I am thinking of "house hacking" a 2 or 3 family in the New York/Northern New Jersey area by living in one unit, but the numbers don't work in general for positive cash flow unless it's an area where...
Ray P.
A house I am looking to flip has a HOA?? Issues?
I am looking a potential flip ( looking for investor) in central Maryland. It is not a new development, the house was built in 1981. The listing mentioned a HOA, but didnt list a fee. I plan to upgrade a few of the ...
Bob McMonagle
Self Directed IRA
I am interested in possibly moving some of my ($100,000) (Currently Employed) 401K into a SDIRA so that I could have better access to the funds so I may use them to Rehab a couple of Properties. I would most likely u...
Dion DePaoli
NPN Loan Sale Market Price
Here is a nice article for newbie investors to read and understand about the REALITY of NPN loan sale pricing. The idea that loans trade for massively steep discounts is not completely true. To be clear, these ar...
Kareem Protain
Screening property managers
Happy Sunday all! I'm looking to do my first OOS deal on a SFR. I don't want to self-manage (pita), and I also want to focus my time on acquiring more props in the same area. What are some red flags (or green lights, ...