Aedon Douglas
First Post, Looking for Advice
Hello everyone! As indicated by my title, I'm making my first official post on here, and I'm very new to the world of real estate investing. I'm 23 years old and I currently don't own any properties of my own, but I'v...
Account Closed
Rental property loans
I'm researching about real estate investing and I'm confused on what loan to use, am I able to use a conventional loan to fix and flip or keep it as a rental, or do I have to get a non-owner occupied loan? Do I need t...
Yaya Y.
FHLB V LIBOR rates? PROS/CONS
I would like to know everyone's opinions on the scenario below.You want to get a mortgage for 650k, one bank quotes you with an interest rate of x basis points over the FHLB 5 year rate, and the other bank's rate is ...
David James
Need advice on a purchase
I did a walkthrough yesterday of a 1948 SFH. 3bdr 1bath 1508sq ft. Hardwood floors throughout, just needs to be restained. Cosmetic repairs of walls. Kitchen needs to be renovated. The roof has a tarp over it and ther...
Forrest Rohde
Mobile unit for sale: '61 Travelite
Poking around an area of town we like last weekend, we came across a tasteful little mobile community. To qualify, it is a quiet elderly community with grand old trees, full hedges, lots of greenery, good lot priva...
Ali Chami
The Michigan market
I'm not a real estate expert by any stretch of the imagination. The only reason I have had success in the short time I have been seriously investing is because of local market conditions, both sales of existing home...
Ilya Hvostikov
Tenant Screening Services
Can anyone recommend an online tenant screening website?There are so many to choose from (here are just some I found after a quick search, and my head is spinning from all the options):https://www.mysmartmove.com/http...
Bienes Raices
Crack on exterior of house--is this a concern?
I noticed this stair-shaped crack recently at the concrete block rental house. I don't see any warning signs of sinkhole activity around or inside the house. I tried to stick a credit card in the gap and it wouldn't f...
David Healey
Any Way to Get Around a Commercial Loan On a 5 Unit Multi?
Hi All,We found what seems to be a good deal on a property where 7 units were built, but only 5 are being sold. My wife and I are looking to house-hack, but don't want to pursue a commercial loan. The description says...
George P.
"dear landlord, you seem not to have hazard insurance"
i am sick of getting these letters every week from one of the mortgage companies. and most of the time it's for the same houses. i know @Brandon turner talked about it in a podcast, so i know he gets them.
an...