All the gurus, etc promoting unlicensed brokering forgot to mention this: many of their ideas are illegal in some states. In Florida, you cannot advertise property you do not own even if you have a contract on the pro...
Hi everyone,I have heard two different things regarding obtaining bank financing for a Multi-Family property (larger than 4 units). One is that the bank will finance you based on the income that the property will gene...
Hi everyone. I reached out to a long time realtor of ours to let them know I'm back in the market looking for deals. She asked if I would interested in investing with a builder ( A subdivision builder) she is currentl...
Hey gang, I have a duplex in Nassau, I live downstairs and rent upstairs, it's been pretty good until a new couple came in, they been here 2 mths and already missed payment on the 2nd month after nicely talking to guy...
Bought first condo on east side of Oahu on a no money down 5/5 arm loan 2.5 years ago. Condos value has increased significantly for a short amount of time.
Financed loan for $379000
Balance is now 360000
Current co...
Hi everyone,
I have a question about what people think of the 70% rule in this market. I'm in Southern California and experiencing the same low inventory problems as many regions. Houses are getting picked off the ML...
I have been reading through the forum posts on LLCs and I am still unclear on a few points.1- Should I use an LLC for my first property or wait untill I have a few and enough equity/cash flo to worry about? (That said...
So I'm at this new job today, and everything is being thrown at me. 401k saving, dental, vision etc... Anyways throughout the 8 hrs shift I could not focus on the task at hand but rather having rental properties. I fe...
Six months went by and I still didn't buy my first rehab project. I'm looking to purchase in the Orlando area in Florida. There are homes for 30-60K I see online and the resale could be 85K on the lower end in some...
Hi all! I'm a medical student in the Upstate area of South Carolina. My husband and I bought our first house last year and have had a lot of fun renovating it. He's a contractor and handles the heavy lifting, and I've...