A written statement from the lender that they know I am reselling the property for profit. I always try to use my title co for double closings. However in this case the end buyer's sister owns a title company. On t...
Hi, I'm a new investor and I have been looking into hard money lenders for my first flip. I spoke with a company and they stated that for first time borrowers they would require a down payment of $10- $20 thousand dol...
Hi Everyone!My name is James Scheu. I am currently 23 years old and reside in Kennesaw, GA. I am a full time student at KSU and I work full time at Ed Voyles Honda (sales) in Marietta, Ga. I am new to real estate and ...
Hi AllI am a STR expert but new in the long term rental game. My previous LTR were professionally managed and Im trying to do it myself this time.Questions: What kind of application do you have them fill out?What tena...
Please chime in if you have done this.. Short term rental with cost seg study/ accelerated depreciation to offset W2 income. Say you're doing this on a 4 unit that appraised for about a million. And you do a cost s...
Just made my first post here to introduce myself so won't go into that too much, but I'd like to start this post with this question, and elaborate on it a bit below: Is it feasible for a first time investor to start i...
I currently have a traditional IRA with 150k approx. I currently have 3 rental properties cash flowing. First and second property SFH equity $90k, approx. 3rd property $160k I bought it with a home equity loan on my r...
Hi my name is Kellen, I am a professional overseas basketball player. During the offseason, I do not work because I have to train and plus the money is good enough to live off of. The first part of my plan was to in...
I have been flipping homes for the past year and have successfully done 3 houses making good profit. My LLC has a private investor pool (friends and family). We use their money for all costs and then sell the house fo...
Hello all! I am new to the game with only one previous tenant under my belt. Looking for recommendations on verifying tenants employment and current/previous landlords. I currently have my property listed on Zillow an...