Nicholas Dillon
What calculation can I use to determine if a cash out refinance is a good idea?
Hi there,I currently own 2 investment properties. I am currently investigating taking a cash out refinance on one to fund my next purchase. What kind of calculations should I use to determine whether or not this is ...
Ruben Ramon
Listing or Sales Contract
I have a standard short sale contract my attorney drafted for me. I used it with a couple who were all excited about the help I was giving them. My plan was to wholesale the property pursuant to my successful negota...
Danny Day
Owner Occupant Wants to Sell .. Gray area
Who has expierence buying REO's, or a HUD home as an owner occupant?
The house I live in right now was a HUD home when I purchased, and I submitted to HUD I would be an owner occupant.
I've got a client who purchase...
Issac Phillips
Itemizing Fixed Cost for a wholesale transaction
Hello, I am a new wholesaler preparing to launch my first marketing campaign. But before I do, I’m still unsure on how to find the exact figures for the itemized list of Fixed Cost in order to accurately calculate the...
Steven Perry
Turning Flips into Holds Financing
Hello All,I need help! I have secured my 2nd property this year (and overall). The first one I was able to flip and turn a $20,000 profit and this second one I expect between a $35,000-$45,000 profit on pending any ...
Jessica Semrad
Debt to income obstacle
My husband and I have had 1 rental since 2019 and cash flows $450 we just bought another single family in April 2021 and cash flows $800. We’re wanting to get another property but was just being told we would probably...
Jeff Fishe
Sell Primary Residence for Live in Multi-Family
I am looking to sell my existing primary residence and purchase a live in multi-family property to start getting into real estate. Our first home purchase was completely emotional & we are ready to get rid of the ...
Marc C.
Albuquerque/Santa Fe Apartments/Multifamily
Hi, Everyone! Seems like we have a lot of interest in apartments and other multifamily options in Albuquerque these days. It's a small community: There are only 4 brokers who specialize in apartments, and just a few a...
Jacob Beg
Misrepresentation by seller that the property is "fee simple"!
Hi All! I made a cash purchase of a property. I was represented by a realtor and the seller's relator had advertised the property as Fee Simple in MLS. The property is located in Baltimore City, MD.
Typically, if you...
Account Closed
Looking to purchase a HUD home
I am looking to purchase a HUD home with an FHA loan and a 3.5% down. From my understanding, and please correct me if i am wrong, with a HUD property it is owned by the government and they will accept an FHA loan over...