Hector Serna
My offer was accepted!
Hey guys, so if you guys go to my previous post, you’ll see that I was debating on whether or not taking on a 180k short sale, 1959 build, single family 3Bed 1bath, 1.9k mortgage as my first long term investment. The ...
Dante Barnes
Analyzing my first deal
Hey everyone! My name is Dante Barnes and I am from Texarkana, TX. I am 22 years old, and just got married 3 months ago. I have been studying real estate through podcasts, books, and networking for the last 6 months a...
Josh Fernandez
Hard Money Terms and Conditions
My buddy thinks that you have to pay hard money lenders back within the first 3-6 months of the loan (on average). Is this true or are there some hard money lenders that could be used for renting and generating cash f...
Stacey B.
did figure from bank
i put in an offer for a short sale that was declined. the bank told the realtor what price they needed to make it work. So i put in the offer with that price. Those who knows about short sales, does they have to go th...
Sam B.
Dealing with foreign private money, currency inflation/deflation.
Anyone out there with experience using foreign private money, for example AUD, and how you handled the risk of currency fluctuation?I can't see anyway around this risk. Either I take it on or the lender does.In short...
Buddy Holmes
Funding Rehab Flippers and making a fair return with lower risk
An Hard Money organization in Charleston has been offering funding for 1st mortgage security to Flippers with good plans for several years now. Another group of RE investors thought that if they teamed with the form...
Brandon Bimestefer
Airbnb for First Rental Property
Is buying a property and listing it on Airbnb a better plan than renting it out other ways? I understand it varies on the location and what not, but just in general.
Account Closed
Avoiding a 35% tax bill and real estate 'dealer' classification
It appears the difference between a 15% and 35% tax bill is whether or not you are classified as a real estate dealer. Many consider you an RE dealer (or at least the IRS does), if you have a way of selling the prop...
Cheryl C.
Are lenders relaxing the no rent-back rule?
In the past, and perhaps present, a lease-back to a short-seller was strictly forbidden. I understand the potential for fraud, but have any lenders relaxed this provision?
Nick J.
I need an agent in Georgia to list a property for me
I've got a short sale property in Georgia in the works that I need an agent to list for me. All the legwork has or is already being done, just need it listed.
Any recommendations?