Alfredo Alfaro
HML Lending Options
Hello, I was wondering if anyone has ever structured a HML where you could get 100% of the purchase price and you would fund the whole rehab? Is this something a HML might consider? Or no? I am not saying that they wo...
Corey Davis
Operationalizing & Scaling
Hello,I am an accidental REI. I acquired my first home in Massachusetts, renovated it for myself thinking I would stay for a long time yet ended up moving to WA state. Since I renovated it to my preferences, the home ...
Account Closed
Purchasing another "second home" STR in same location as first
Hi all,
I recently purchased an STR in Western North Carolina and am looking at potentially purchasing another. My understanding of the second home loan is that you cannot purchase more than one "second home" in th...
Marc Shin
What Can I do about sound in a duplex with thin walls?
Hello - I have a side-by-side duplex that i'm converting into an STR. I noticed that the walls are somewhat thin and when I'm sitting in one of the units I can hear some noises from the other unit. Is this a problem...
Mike B.
noob question about adjusting comps
I'm currently looking to purchase my first home as my primary residence. I've been looking at single family homes in the Chicago suburbs, mostly 3 bed/1 bath ranches. Most of these are beat up REO's that are selling...
Elisha Mcginley
Wholesaling Advice for a Newbie
Hi everyone! So, I'm hoping to start my wholesale campaign in Lexington Kentucky at the beginning of October. I have decided to buy a list and do a direct mail campaign. I am reading J. Scott's book on estimating reha...
Kent Mayes
Sponsered by KW? Do you believe wholesaling is "unethical?"
Hi! My name is Kent and I currently reside in Corpus Christi, TX. I've been snooping around this website for around 1 and a half years and feel its time to start asking some questions that pertain to the goals I desir...
Jorge Leon Jr
25k lot build a 4plex?
I am thinking of purchasing a $25k lot that i can fit for sure a small 4plex on in a city that is surrounded by heavy industrial plantsMy plan is building a 4 plex with 1 room, 1 restroom, small living room, tiny kitc...
Stephen Neto
First Deal with Bank - So many hurdles - Other options
I just completed my first 3 family purchase with a mortgage broker my real estate agent recommended. I was frustrated with all the financial documents they needed to see. Here I am putting down 25% of my money, have ...
Abraham Kauffman
Just send it to the lawyers already?
I bought a three unit apartment building sometime earlier this year. Was just going to redo it and sell it.Hired some electricians to take care of it. After they inspected it, they gave me a verbal estimate of $4,500....