Matt Pastier
First BRRRR and first multifamily deal was a success!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $36,000
This was my second deal as an investor. This was my first BRRRR and put me on the path to multifamily pr...
Fran W.
Flipping in Phoenix
Hello,
I just started in the RE flipping business. I talked to several Realtors. The two that I find them helpful have been telling me the profit is very very thin in the Phoenix market. I am looking for SFH with rep...
Bryan Hancock
Is There Value In Having So Many Intermediaries Between Borrowers and The Secondary Market For Mortgages?
Fannie and Freddie are obviously doing a terrible job of assessing risk for borrowers with their mounds of prescribed paperwork. Apparently the Danes allow borrowers to access loans via the secondary market directly w...
Joe Finnegan
BPO
How do you go about finding out when the BPO will be done on a property you've made an offer on? From what I've read here, it sounds like most folks show up at the property for the BPO in order to make the case for t...
Eddie Ziv
Short sale vs. REO What's better?
Common wisdom may argue that REOs are better deals than short sale. The market have been exhausted, the auction didn't produce results and now the bank is with the back to the wall trying to get rid of the property. W...
Greg P.
Where are all the deals?
In my market there is definitely a shortage of properties right now that are priced so the rehabber can make a profit. For example, once a property goes on the MLS, by the time it gets listed, it has multiples and it...
Neil Dyer
If I have bad credit, how do I start investing now?
How do I get started with bad credit? Do I need to wait until I improve my credit score before I can start? I've heard about getting owner financing and lease to own, are these the only ways to get a start?
Account Closed
Cares Act withdraw 100K
Does it make sense to withdraw the max of 100k to invest in a rental property vs a flip?
Ralph E.
Newbie from Northern California the Bay Area
My name is Ralph Easterling and I've been originating mortgage loans in the Bay Area for the last 26 years. I recently came across this site in doing my due diligent in researching "Transaction Funding" and "Whole...
Chris Masons
Tax question on Water Heater replacement
I have a tax question on water heater replacement. I Know it should be a capitalized expense written off over X amount of years. Last year I replaced a water heater and in doing my taxes using Turbo Tax there was so...