Nadirah Dawson
Use Credit Cards to fund a deal
Hello Everyone! I recently used this company that got me approved for 8 credit cards that gave me a line of credit of $60K...after going to a few guru classes, they told me I could use the credit cards as "investor ca...
Brandon Sowers
The Future of Security Deposits
As rents continue to rise, this in turn increases the cost for tenants to move in to a rental property. It is not uncommon for us to list properties for $1500 per month. This can end up costing a new tenant over $3k t...
Brandon Sturgill
How Do I Approach Buying Subdivided Lots That Have Not Been Developed
So, I am fishing around on the county auditors sight to look at some maps where I recently rehabbed a property and I come across a "phantom" cul-de-sac. All the lots have been divided, but none are developed. Some are...
Sean Sandoval
REO offer Help (Structure and Offer)
I have a property that I am looking at. I am looking to both Live in and eventually flip several years down the road. It is in a neighborhood that I am trying to invest in. I am dealing with the REO agent directly....
Josh Michel
When is the 50% rule inaccurate?
I realize the 50% rule is supposed to be a "rule of thumb" that helps you weed out potential properties before more fully analyzing properties that pass it. My question is, when is the 50% rule fail?For example, if I...
Greg Baker
50/50 Partnership legal costs and depreciation benefits?
Hi everyone, few questions, I'm in New York if it matters. I'm in the process of researching to purchase my first buy and long term hold. I'm considering partnering with someone 50/50 to make the first purchase less...
Monica Chan
Should I install a coin-operated washer-dryer in 2-family?
Hi all, I’m currently in contract for a 2-family in Jersey City (newly renovated in B/C area). There are no washer/dryer in either unit, and the closest laundromat is 0.5 miles away. I’m considering installing a set o...
Shaye Mora
Bypassing FHA 1-year owner-occupied requirement
I'm looking for tips on how to bypass the minimum 1-year requirement on an FHA Loan. I am currently house hacking a duplex I bought in March 2019 and just recently bought a SFH on June 1st. The duplex is under an FHA ...
Tyler Veres
Forcing Equity/Increased Value by affecting NOI (bottom line)
Good day all,I am looking at putting together a list of ways that people have gone about forcing equity/value in their properties. To start the ball rolling, I like adding a unit/income stream where there wasn't one ...
Shane Ward
I maxed out credit to rehab 3 properties dropped my credit score.
I used my HELOC, cash and credit cards to rehab 3 properties I bought in July. I want to refinance all 3 when they are rented out (1 unit has been rented for 2 months). Will banks give me a hard time when it comes tim...