Christian Carson
Cash-out refinance dilemma
I have to decide what to do about refinancing two of my duplexes, and the banker is pressuring me to return my application, but closing costs are really hard to swallow. Here's the situation.Duplex AValue $90kLoan: $3...
Steve T.
Seeking Advice: Investment in Warm Locations with High Rental Potential
Hi everyone...I'm exploring real estate investment opportunities in warm locations, particularly for the winter months. I live in Southwestern Connecticut, and am looking for places that are not only ideal for escapin...
Mike Cumbie
Fair Housing and Section 8
I was looking at a flyer about fair housing today and it stated that one of the things you could not do is discriminate against people receiving section 8 or any form of legal income. I get that and understand it, how...
Trevor Ewen
Kids & Toddlers, Richmond, VA
We've got a tenant moving in on Tuesday with two kids, pretty young.Any child safety horror stories or other lessons learned? Definitely want to hear from Virginia investors. In addition to protecting ourselves, we al...
Allana Alex
House hacking- noise reduction ideas, please!
Hello, currently renovating the rental unit above my apartment. I don’t want to carpet because of installation costs and maintenance costs but i hear that it combined with good quality padding will help reduce soun...
Jake Langley
Should i Sell rental property?
I am considering selling my sfh rental. Currently I am getting a 17% cash on cash return on my $35k investment. $500/ month net rent after expenses. A great deal, but there is 100k equity wrapped up in the property th...
Sebastian Zwolinski
Ready for my first deal
So, I finally got the knowledge to start investing, and I decided to act on it. I started an LLC, and went to a local REI club meeting. I found a nice Fannie Mae REO property, and I called the listing agent. He tol...
Jeff Linder
How does this work?
So, what I'm finding with hard money (still having trouble finding private money) is that many HML will lend up to about 65% of the PURCHASE price of the property (not the ARV)... leaving the purchasing investor to co...
Kevin Suksi
Appraisal Problems
We have a flip that we are doing here in Metro Detroit. We listed the house for $125,000 and have had multiple offers within the first week. We accepted an offer at full price with 5K in concessions, netting 120 (FH...
Horacio Cruz Trujano
I don't know what to do now.
I don't know what to do in this situation.I am an up and coming REI and I've started some marketing for motivated sellers. A couple is remodeling their home but are looking to sell the home. The husband has been given...