JonPaul Kessinger
How much reserves should I keep?
I am looking at purchasing 3 duplexes, but the 20% downpayment is going to eat up all of my current capital. These will be my first deals. My wife and I are currently employed and have large savings. Should I pass on...
Giovanni Cortorreal
Purchase Offers/ Proof of funds when using private lender money.
It is my understanding that real estate purchases using private money lenders are made as cash offers. However, when the offer is for a bank REO the bank want a proof of funds letter that shows that the person making ...
Omar Ynoa
Starting Investment Portfolio in Newark NJ
Hey all!I just wanted to get your opinion on a home I am trying to purchase. I'm looking to purchase a 3-family home in Newark NJ (Upper Roseville) so that I can begin my real estate journey by renting out the other 2...
Rob Krach
Offer Countered, advice please!
Hi All,There is a 6 unit complex that I made an offer on and the owner came back with the below counter as the owners are old and ready to retire:Purchase Price of 525KDown Payment of 100KThe Seller would Carry the fi...
Ilyas Karzai
First time - out of state investor - looking for multi family
Hello, I live in CA but I would like to invest out of state (like many of you). I really like the idea of a multi family property in the Dallas/Ft Worth and surrounding area. Would love to connect and learn from as ma...
Filkins Susan
How to make a deal with an REI
I know I've posted all sorts of bizarre topics here, but I am researching so much, and desperately trying to find a good deal on a fix-up property in a specific school district to make my primary residence.
Here is ...
Milos N.
Morris Invest Deal Analysis
So here is a deal they offer. I would like you to comment on it.Bare in mind that this was sent to a person I know that didn't even have an original conversation with them.I guess they were put on a mailing list regar...
Curtis Harrison
Small Claims Court, Property Management Company won't take responsibility
I hired a Property Management (PM) firm 5 years ago. I've been paying them $135 per month for their 'services'. Got an e-mail from zillow.com that my house was up for rent. Contacted PM company and they tell me tha...
Jeff Tracy
Advice on yellow letters from someone who is now getting them
About 6 months ago my mother in law passed away and we inherited her home outside of Atlanta. We were lucky enough that her friend around the corner wants to buy the home, so we struck a deal with him and we close in...
Clemens Georg
New investor looking for guidance to buy first property.
Hello All,I'm excited to be here! I'm currently a Consulting Engineer for a IT company. However, I have been extremely interested in real estate investing over the past month or so. My goal is to create passive income...