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My partner @Oliver Wolcott and I have just started wholesaling in Winchester, VA. Why did we pick wholesaling? It seems to be the only logical path for two starters who have little money. Assigning a contract for a f...
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I currently own two properties - my primary home and a vacation home in Truckee we rent out on Airbnb. Both homes have mortgages, about 37% Loan to value, at an exceptional rate of 2.625% (15 yr and 20 yr respectivel...
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I constantly see new posts from members saying things like
Got a sweet deal, but no money. What do I do?How do I find private money?How do I fund my deal if I have bad credit & no income etc?I want to get started...
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I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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I'm interested on what folks think of PEX. I love the stuff and find myself pulling out perfectly good copper pipes and replacing with PEX. For those of you who have it in use, how long has it been in place? Have y...
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Hi Guys! I am planning to buy a duplex using FHA loan so I can make a downpayment of 3.5%. Is it possible to keep the one unit vacant and not live in there? I just want to have the benefits of the low downpayment. (ho...
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I need your help with something and I’m having a hard time finding help at the local level. Some people say it’s legal, some say it’s not, some have ideas on how to make it legal, which I’ll love to here and will addr...
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After writing this, I now realize it's pretty long, so I put the main focus and details of the deal in bold and the rest of the fluff in italics.Prior to successfully completing my first real estate deal, one of the t...
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Has anyone here used DoHardMoney.com as a hard money lender? They're listed in the directory here on BP but I wanted to see if anyone who has used them could share their experiences with them. Thanks!
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We are in the process of buying our first official real estate investment! (YAY!!) We got the inspection back today; the issues are as follows: mold beyond the surface mold we originally noticed when checking the hous...