Justin S.
End of year tax write-offs
Had a pretty solid year, and could use some write-offs. What are your favorite things to load up on at the end of the year?
Jerry W.
MY 2013 AND 2014 GOALS AND WHAT I ACCOMPLISHED. NOW TELL ME HOW YOU DID!
In reviewing my posted goals for 2013 and 2014 I have the following results.2013 My goal was to buy a fix and flip and add 1-3 cash flowing rentals. I bought a fix and flip in a nearby town that needed a lot of work....
Ian Bower
DSCR Loan Fees - More than expected... is this normal?
Hi All. First post. First investment property. Just getting my financial house in order and talking to some lenders. Most of them are quoting me: An origination fee - $2500A processing fee - $1000An Underwriting fee -...
Minh Le
Pearland local meetup
Hi all,Are there any local meetups in the Pearland, TX area? I will be attending other ones around town, i.e. H.I.T., to network with larger groups of people; but for those that prefer to start small and have a place ...
Danny Shore
closing costs & settlement costs
"When you receive a Good Faith Estimate, these are "estimates" of what your closing costs will be. The reason these are estimates, is the actual costs will vary slightly. There are several unknowns on a purchae transa...
Account Closed
What a roller coaster ride REI can be!
Its been a crazy 2 weeks.8/22 - I was set to close on a house I was buying for cash. I had to wire the money to the closing attorney, but they actually sent me the wrong wiring instructions. Long story short, $14,000 ...
Darsh Patel
Power of Attorney for out of state closing
Hi Everyone, I am closing on buying an out of state property next week and I was just curious if anyone has any experience using a power of attorney to sign for them at closing? How do you find an attorney to use at ...
Vinh Nguyen
Inherit tenant cannot leave and has not paid rent
Hi, my partner and I are getting ready to close on a triplex. Our contingency was that the tenant would have to leave by 1/12/21. However, he is a section 8 tenant and the city is having a hard time finding a new plac...
Garrett M.
Using off book funds to close home purchase??
I am closing soon on an investment property using conventional financing and 25% down. My question is: Is it ok if, at closing, I wire funds from another of my personal checking accounts that was not reviewed as part ...
Galit Garsiel
When selling a flipped house, do you get the money right away?
When you sell a house you've flipped, can you get the money right away, or do you have to let buyers pay mortgage, because nobody is willing or able to pay all the money upfront?