Ryan Lockstein
Flipping in the new market
We have been flipping (rehabbing) heavily for the past few years (40 per year). Recently I am stacked with a lot of inventory. I know the market is shifting and I should expect longer days on market but I’m having ...
Michael Williams
Seller Financing Deal 2 mortgages How To Write Wholesale Deal
The seller is open to creative financing. He has two mortgages on this house that total $103k, he wants to pocket $16 after the deal. I had my realtor run an analysis and the ARV is $182k. He's had the mortgage for 1...
Bo A Vanecko
Thoughts on OOS Investment With a Mentor From DFW area?
All, I have been learning a bit from a mentor who is a very active investor in the DFW area while I currently live OOS in Denver area. Considering the Denver market I was speaking to him about approaches to investin...
David Meier
How do get more properties with a maxed out DTI?
Hello Everyone,My wife and I both work and we own 3 properties. We show rental income on our taxes, so we are a 3 income family. We are debt free except for our mortgages. Yet our biggest issue to get a new conventi...
Jay Ipswich
Question about paying down %age of mortgage with investment funds
Hello all, I'm a newbie who just signed up looking for some financial advice.I'm a single person, aged 43, who recently bought a new home in the CA Bay Area putting 20% down left with a mortgage of 720K. My mortgage p...
Brad M.
Capital Gains Strategy for investment property for future primary
I have a lot to go through so I'll get going with the facts1) I own two residences, 1 investment and 1 primary.2) Investment:Purchase Date: 6/2013Purchased as primary, converted to rental 9/2016Purchase Price: 370KP&a...
Josh Young
How to Become a Rental Property Investor
Talk to a lender and learn the rules of qualifying for a mortgage
You need to learn the rules that underwriters follow to be able to qualify for a mortgage. Once you learn the rules you can develop a plan to fit the...
Keazy Moto
How to Analyze whether or not to build a 2nd detached unit
Hey BP,Long post, thanks in advance to whoever sticks it out and reads it through!Background info- 1.Fiancé and I want to build wealth through real estate2.We look into purchasing our first home as a duplex in 20173.J...
Account Closed
Why is real estate cheap in Connecticut in general?
I might get a job offer soon in East Hartford, CT. However, i would be relocating from Massachusetts. I am gonna rent first then house hack later when my job is stable. However, looking through zillow, the rent for 1 ...
Jung-Jin Shim
Is it worth investing? (attached my analysis)
Hello, I am new to a real estate investment. I’ve run some numbers with a current real estate listing, but it seems hard to find a house with positive cash flow. Even if I found one, the cash on cash return is very sm...