Nicholas Minich
Starting out- Have the cash flow/ HELOC
Hello allGeneral question/ partnership/mentorship ( appreciated). 26 yr old starting out. I have a specific loan that is a 30 yr line of credit. With the amount I make currently, I am able to FHA a house by the 3/4th ...
Nicole Wood
tenants in place in duplex im buying??
Hello,I have a dilemma and need to have some professional advice here. We are buying a duplex. There are already tenants in place however the lower apartment will be vacant when we buy it because were househacking. Th...
Solomon Bluzenstein
Negotiating with agents on their commission
Is it worth negotiating commission with the agent selling your property, and if yes how?
Blake Ramsey
Trying to understand the numbers
So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...
Kristen Haynes
How To Save Some Serious Tax Savings On Your Rental Properties
Hey, just checking in with my fellow real estate investors! If your Accountant has not done an Engineering-based Cost Segregation study on your investment property rentals, you may want to look into having one done. I...
Red Peterson
Sell or Hold? Condo almost paid off.
have a 3BR, 3ba partially fin basement almost paid off. Ready to purchase a new home.. i feel if I sell, I’ll get a good equity but I also feel that in the long run, its best to hold. I feel like the real math in my e...
Eric Lind
Mortgage Lender tells me to not pay full credit card balance?
I recently filled out a pre-approval application for a mortgage, however, the lender did a hard pull and told me they came back with no score. Credit karma gave me a score of 711, I know it is an estimate but I found ...
Travis Russell
Chicago Rehab Numbers to Determine Purchase Price
I'm looking at a 2/1 condo that needs some reasonable renovations. It's in a good area that's going through some regentrification. Lots of families and close to public transit.
700ft2, large bedrooms, small...
Gregory Coppola
Refinance riddle - $200/month in savings not enough?
I'm currently house-hacking a triplex in Philadelphia. I want to refinance to a lower rate, and thus lower my monthly mortgage payments. The loan officer is telling me financially it doesn't make sense for me to refin...
Philip M.
Best way to take over 54+ units from my father who is retirement age?
Hi All,First off, thanks to anyone who has any type of insight here, it is greatly appreciated! I am 36, own a very successful Air BNB at a local ski hill, and am in the process of looking into the best way to get in...