Todd Stauffer
Rent House Analysis
I lived in a home for 10 years, then bought a new home, now I'm renting the first home. I invested 150K over the 10 years. The home is in a great location and has accrued a tremendous amount of equity. I'm having tro...
Diana Cruz
Documents for funding.
I have a question? Do I have to have a business executive summary for the lender if it is part of the list of documents to submit? And does that mean I have to have a business plan and be a legal entity to submit...
Andrew Nelson
I have a possible lease option Buyer, now what?
I have a potential rent to own/lease option "buyer" that I am trying to put in a property. My one rental property I have right now is rented. How can I quickly obtain another property to rent to them without having to...
Will Poon
Should first purchase be the safest in (terms of financial risk)?
Hi BP! - I am going to start my RE journey in a few months. What is your opinion on the first purchase being the safest in terms of financial risk? For example lower risk A-B neighborhoods vs buying in a higher risk C...
Will Triplett
Why do realtors work with out of state investors?
I am an investor, but only have a vague idea about the inner workings of a real estate brokerage. My question is: what are the incentives for a realtor to work with an out of state investor? It seems to me that out of...
Michael Carpin
New guy questions on agents and attorneys
Hi,I’m a new investor with a series of questions on getting started. Here is my short term objective - to purchase a single family home in a decent area that I can rent out a positive cash flow. I will find this pro...
Judy Lee
Found a ShortSale property with big price reduction; what are the steps?
I am a wholesaler trying to create a killer deal and also planning to move into a house whenever I can find perfect discounted property in my child's school district. As a wholesaler, I never thought about creating a...
Jimmy Kiefer
Just bought 1st property! Financing type question
I just bought my first property and will be taking out a loan for $115,200. I am torn between a 15 year mortgage at a lower rate and a 30 year mortgage. A 15 year mortgage costs $60,000 less in interest but reduces my...
Casey Dimascio
Convincing investors when a deal is presented
So I have an investor in my hometown that I use. I found two properties SELLER FINANCED with an extremely low amount down. I am a construction project manager/estimator so I know how to fix and evaluate the renovation...
Maximilian Maier
First Time Investor Tips
Hi! looking to purchase single-family homes in my hometown. I have limited experience and would like to ask a question:
Is negative cash flow ALWAYS bad?