Pete B.
How much below asking to offer in sellers market ?
My neighbor is selling a house for sale by owner in our low inventory market. The house is very well maintained but dated. Was thinking about offering 25k below the 280k asking price, but don’t want to lose the deal. ...
Joseph S Stevens II
What banking institutions offer the best HELOC rates?
Looking to apply for a HELOC, and was inquiring what institutions I might want to look into. Any advice?
Daniel Tisdale
1 cash out refinance across multiple mortgages
Hi all,I have 3 rental properties that have gone up significantly in equity and I was wondering if it is possible to do a cash out refinance across all 3 of those at once into 1 loan or if this would require 3 separat...
Michael Hyun
New Construction Low Interest Rates
Hey all!I'm looking for new construction properties offering rate buy-downs. I'm looking in Dallas, Fort Worth, San Antonio, Austin, and Williamson County (above Austin).I'm open to other areas but mostly looking to b...
Lin Gowan
Looking for new investment
Hey GuyWe currently have rental properties. We are currently rehabbing one to sell. Looking for new investment once we sell. Anyone have any opinions on where to put that money. Possibly land flipping???any ideas woul...
Nate Marshall
7 Tips for New Real Estate Investors
Some simple things to think about:
Lenders want you to have skin in the game. 10% plus closing costs. There isn't 100% funding unless you have a lot of experience or a relationship with someone.Lenders will generally...
Tabitha Johnson
Maximum allowable offer
Hello, I am new to wholesaling and I have a question about MAO. Why shouldn't you go above MAO for a seller? If they pay more for the property than what I'm offering, isn't that better pay for me? Forgive me if that's...
Jackie Rucker
Sell, Refi, or Cash out Refi
Purchased land and developed new duplex. Our first sits in the mid 5's, for this example lets say 550k. We can sell the property for 850k at the cost of 7% closing cost etc. We have 3 Options:1) Sell the property and ...
Jonathan Girard
At your earliest convenience, please help me analyze this deal.
Hello everyone, I would appreciate it if you would take a few minutes to see if this property would be a smart "buy and hold". I did not include repair costs as it is not necessary at this time, if I live there (house...
Josh Kundrat
Running the numbers on a single family
Single family house
The financing is hypothetical but the expenses should be pretty close to actual
Purchase price $68,000
Down payment 20% = $13,600
Amount financed $54,400
Interest rate 5.5%
Loan term 20 years
M...