James Petty
How to BRRRR a 30k house?
Shooting for a BRRRR deal. Will banks loan on a house that appraises for 35k?
Barbara Wilson-Scranton
Carving out time to talk to me
I am new to RE. I am trying to figure out how to catch the attention of bankers and investors so that they will carve a little time to talk with me. It really boils down to my wording. I am try like He(( to grab atten...
Thomas Faragoi
Fixed Costs
Greetings,
What is the best way to estimate what fixed/holding costs will be for a particular property?
I seem to understand the other parts of the MPP equation; sales price, rehab, but the fixed costs are confusing...
Account Closed
Understanding the lease
I'm about to become a landlord for the first there is a section in the lease I'm unclear about. The legally described? non-real property items?1. PREMISES: For good consideration, Landlord leases to Tenant the followi...
Josh Toulouse
New investor building brand new houses for rentals.
Hey everyone, I'm a new investor from Reno NV. I just put my first investment under contract and wanted to say hi.
My deal: I have a good friend who is a contractor and breaking into the new home development world. I...
Thomas N.
solar panels good or bad?
Hello, Offer accepted on a SFH with leased solar panels for 20 years. Panels are only 3 month old and the monthly fee is $100 paid to the solar company. Electrical bill is only $10 - $20. Current owner can tra...
Rickey Wallace
The closing costs........
How much can closing costs differ when doing a mortgage deal compared to an all cash deal? Could it be $100s difference or $1000s? What are the the type of expenses that would be knocked off the HUD-1 form?
Kira Reinhart
CalCap Financial?
Has anyone heard of CalCap Financial out of Pasadena? I'm looking for a HML for a no-brainer fix and flip, and CalCap Financial has reached out to me. All seemed fine until the red flag of them asking for an upfront...
Edward Stephens
Is Capital Gains Tax Owed on This Sale?
My father and other members of our family owned a farm. Upon my father's passing in 2007, I inherited his portion of that farm. After 7 years of being a partial owner of the farm, our family decided to sell the enti...
Greg Phillips
Fannie Mae Launches Homepath Program On Select REO's
I did a search and was surprised that I did not find anything about this yet. Fannie Mae launched a new program called Homepath. Owner Occupants are required to put 3% down and Investors are 10%.
No PMI
Up to 6% selle...