Account Closed
How to purchase a single defaulted note from HSBC
I am interested in purchasing a note that has been in default for at least 12 years on a specific property. A subsidiary of HSBC has the note. Is this something that is possible? They have not foreclosed on the hom...
Raymond Wiggins
Help needed estimating value.
A few years ago I was looking to invest and I bought ten units in a small town just south of the Kansas City Metro area. I have improved them significantly and have raised the rent from an average of $950 per unit to ...
John Reyes
What to do with equity of 100k?
I currently have over 100k in equity on my current property. I’ve been thinking about doing a refinance to take that money as a down payment on a duplex(around my area are 250-300 which will have have a down payment o...
Jose Sandoval
First property rented. Now what?
I just signed a one year lease on my first rental property. Should I save the income for future expenses aka reserves or reinvest?
Aaron Ruiz
NEED HELP!!!
NEW INVESTOR...
I recently was close to getting my first home which would have been a 4-plex house. 3 days prior to closing, my loan company told me I did actually need 25% down payment instead of 3%. ANYWAY that fail...
Matt Brown
Appreciation vs. Cash Flow - making the transition
Hello - I currently own a single family rental in Seattle. It has appreciated, but does not cash flow. I’m considering selling and using the gains to buy a duplex and/or single family rentals in a new market. I am ...
Jason Thomas
How many rental properties should be held in a single LLC?
I am trying to determine the best way to determine how many properties should belong in a single LLC? What is the proper criteria to create a second LLC? I have less than 10 properties now but plan to grow every year ...
Mason Blake
How many 2nd home mortgages can you take?
I have it in my head, probably from listening to many many REI podcasts, primarily BP, that one can only take out a single 2nd home mortgage at a time. If you wanted to do an additional 2nd home mortgage, you'd have t...
Josh M.
1st Deal, around 4-500k loan, which Southeast market?
Hi all, If you were doing your first deal with a Heloc and your mortgage limit would be 400K-500K for a vacation home loan, which market in the Southeast would you choose right now, and why? Looking for a regional, d...
Michael H.
Getting started advice
I'm new to the game as in it's my full time job now. I've remodeled, home inspections, and a residential property adjuster. I hope to use this experience to properly invest in real estate with a long term goal of havi...