Sean Payne
Newbie planning on using va loan to get in rei
So I’m an active duty military recruiter currently stationed in southern Louisiana. Have two more years (at least) here and currently renting single family 3bd/2ba home. I get super excited when talking & about th...
Sam H.
Proper Accounting Advice Needed
I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
Quynh-Chi Nguyen
Agent said to skip asking for the permit
I am currently under contract for a single home. It will be my primary resident. The property does have a one car garage that is not listed on the property card. My lender requires the seller to provide permit and hav...
Anna Brumbaugh
Purchased first hold property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $316,500
Cash invested: $75,000
Went on a listing appointment where they were not interested in going on the market...
Jacob T.
Stuck trying to get number 4
I keep scratching my head on how to move foward. I lost everything 4 yrs ago in a divorce and I am trying to inch my way back and make a good future for my kids and family. Here is my scenerio. I am hoping someone ca...
Eric Knapp
Understanding DTI requirements
It is my understanding that to qualify for a conventional mortgage, banks generally have a 28/36 DTI limit, where front-end value of 28% is based on PITI, and back-end value of 36% based on total revolving debt.
Firs...
Jason Mak
How do you compensate your onsite managers?
Greetings BP,Curious how others compensate their onsite managers. Free rent? Rent Credit? Salary? Hourly pay? One of my buildings is only 24 units so it is not quite a full time job yet there are still weekly tasks...
Mike Canfarelli
Illinois in shambles
With Illinois in a total nose dive and many people wanting to flee to other states, is this a good or bad thing for wholesaling? I see a good side because everyone is trying to sell and will take anything to get out f...
Patrick H.
Partner wants out.
Two years ago I formed a new incorporation with a partner with the goal of buying multiple properties over the following years. The partner and I own that business 50/50 and now he wants to cash out.
My first reactio...
Account Closed
How to calculate the ARV without MLS - Newbie asssistance
Hello,Working on obtaining my first REI deal. My overall end goal is to invest through buy and hold/flipping deals, but to start out I am venturing into wholesaling. Around my neighborhood there are about 2-3 properti...