Dee Danner
Cash flow on your primary residence?
Our family is looking to purchase our first home. We plan to be in our new place for at least 5 years (we have a 12 year old and want to stay in place until he graduates). Do you use the same criteria (like 20% belo...
Josh Fox
Setting up an LLC when you have properties in multiple states
My wife and I are in the process of doing the following things:1. Buying an investment property in Kansas City, MO2. Buying a new primary home in Charlotte, NC3. Prepping our current home in Austin, TX to be a rentalW...
Brandon Stack
Should I sell or should I rent?
Alright, so I am in a pickle. I currently live in Eagle River, Alaska which is a part of Anchorage. Much like other places, rent is crazy, and houses are near impossible to find for buyers. I am currently in the proce...
Jordan Alexander
Exited to get started
I currently live in CA. I’m a physical therapist and I’m preparing to move to north east Florida in the next year or so and I’m learning all I can to be ready to jump into REI when we move. My wife and I are saving mo...
Saxxon Rybski
Small profit big lessons
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $330,000
Cash invested: $80,000
Sale price: $440,000
In summary, it was purchased for 330k (subject two) puttin...
Jerod McCarrell
Financing for Home
Hey everyone! I’m in a “unique” situation and looking for some guidance/advice. I’m currently a second year medical student here in San Antonio. My wife and I are currently home owners as we were able to afford a 250k...
Account Closed
Love to hear your comments -Exclusions Because of Prior Arrest
The Department of Housing and Urban Development (HUD) issued new guidance on April 4th, 2016 that is going to require all single-family and multifamily rental professionals to revisit their policies.In a decision that...
Lana Lee
HELOC-fixed rate good deal or not?
Never done heloc before. Do you guys think it's a good deal or not so?HELOC Fixed Rate (3-year Draw Period, 10-year Amortization)80% LTV - 3.99% APRtaking out 60K
Faiz Kanash
Cash-out refinance income requirements?
Hey all,Just had a general quick question.. What is the income requirements for a cash-out refinance on a property? More specifically, how many years of tax returns is needed to be shown to qualify for a cash-put refi...
Kathy Crosby
HELOC
Hello!We have two rental properties consolidated into one loan. We have inquired about HELOC on these properties, because we have quite a bit of equity in the houses. I am being told that we can't get a HELOC on seco...