Gargi D.
Advice on paragraph of the FHA Financing Addendum I
I was to purchase a condo in Washington DC this month. I had a pre-occupancy contract which expired the day before the FHA certification and financing. The contract ended as it was to be the settlement. The sett...
Juan Rodriguez
Be Serious! Novice or Seasoned Investor Don't use Zillow for Comp
To briefly describe me I've loved Real Estate for a long time, I've had two rentals one was great an eventually became my first flip and the other a victim of the bubble. For a long time after that bad experience(I wa...
Walt Strader
Fraud in MLS disclosure
I recently signed a contract to purchase a home in VA in which the MLS listed the house as having 2460 sq. ft. When the appraisal was done, the appraiser verified the house only had 1948 SF. I shared this disparity ...
Natalie Comoletti
70% ARV minus rehab costs
Is anyone in MA getting deals using the 70% of ARV minus rehab costs? I'm finding the numbers don't work in the current market? Any suggestions?
Daniel Schiff
Taxes due for flip with married couple both with W-2 earnings
My spouse and I have a real estate pass thru LLC we are 50:50 partners / owners of. We are in the middle of a flip which will sell in 2024 and have a second one lined up. Estimate to make 80-100k from both deals. Fo...
Michael Badin
Partner Buyout with new LLC Multiple Transfer Taxes??
Hi all, I have a situation that I am trying to avoid. If anyone has ever run into it before or knows how to avoid it your knowledge would be greatly appreciated.So my father-in -law and his former business partner ha...
Luan Becerra
Real Estate Wholesaling as a REALTOR® in the state of HAWAII
Aloha! My name is Luan Becerra and I am a new Real Estate Investor/Wholesaler in the process of obtaining my real estate license to become a REALTOR® here on the island of Kauai, in the state of Hawaii. I have done so...
Stephen Groves
Zero Cash Flow for Zero Money Down??
Would you take a deal that results in zero cash flow but doesn't require you to put any money down? I have a 4-plex that I am considering buying from the owner. He has offered to finance the deal and I have negotiat...
Dan Durusky
Looking for real estate exposure and tax advantage
Hi all,My wife and I are high W-2 wage earners. We general follow "boglehead" philosophy and have a lean mean investment portfolio and live well below our means. One first world problem we have is earning a high incom...
Mike Garner
Another Roofstock Review
Every 6 months or so a Roofstock review pops up and I've completed two purchases with them and so I figured I'd share my experience(s) with everyone here. Both were cash deals on low cost properties in the midwest. In...