Elaine Lai
BRRRR in Suburban (good schools) Philadelphia
I saw a house yesterday that is gutted and cleaned out. New electric, roof, porch, plumbing, drywall. The work is solid but unfinished. Needs full bathroom (shower, toilet, sink, etc) and kitchen. After renovation val...
Marco Petit
Buying a house in bankruptcy
Hey guys! This is a first for me and a little complicated. I wrote up a terms contract with a seller and brought the contract to my closing attorney. They did a title check and saw that there was a final judgment last...
Charlie Cameron
Non-Recourse Debt - Why do you need net worth?
I’ve been researching Fannie Mae smaller apartment loans. I haven’t been able to figure this out: if the debt is non-recourse, why then does the total net worth of the borrowers have to exceed the loan amount? Is ther...
Kevin Ro
Real Estate Mentor Experiences
So many gurus selling programs but has anyone had a face to face, one to one mentor show you the ropes in Real Estate investing? If so, who was your mentor and how did they help you streamline your goals to achieve su...
Selina Banda
Akron Ohio property management company recommendations
Do you have any property management company recommendations Akron, Ohio
John Acheson
How do CRE lenders calculate "net-worth" to qualify post deal?
I'm just getting started in CRE research and am focusing on understanding traditional financing. From what I understand so far, the asset matters more than the borrower's income BUT many lenders have a "net-worth" req...
Marlon Walls
Homeowner's Insurance - House Hack vs Normal Residence
Hey all!I've recently had an offer accepted for my first deal! This has been an exciting time and the past few days have been FULL of new experiences conversing and dealing with paperwork from my agent, lender, inspec...
Ryan Koehler
FHA Loan Question - Need guidance!
Here is my situation: Currently looking at a 4-unit deal, the property meets all necessary qualifications for the FHA program and I meet the requirements for the loan. Assume that all numbers work and the deal is a sl...
Nicole Kittell
[Calc Review] Help me analyze this deal
Im not sure if im analyzing this propery correct on the BRRRR calculator. Its listed for 39,900 by a wholesaler. I will go see it tonight to decide what updates are needed. Its estimated to be worth $91,000 on realtor...
Gina Rocillo
Big Bear STR
I am almost ready to put in an offer for my first STR in Big Bear. I just got a message from my agent that according to the listing agent, the title shows 1 bed/1 bath 830 sqft, but listing says 3/2, 1150 sqft. What a...