Jimmy Leaton
I want to buy my second home and rent out my current home
Should I use the equity in my primary home to purchase my next home? I will be renting out my current primary residence and moving to the house I will be buying.
Briana Bean
Quickbooks, how do you label money reserved for future use?
Husband and I own a few rentals and are working towards more. I am learning Quickbooks and want to get things set up right the first time. I feel like I've got a decent Chart of Accounts in place that I have put toget...
Lorenzo Jackson
Process of Cash out Refi
I hope you enjoyed your Holiday season,I'm working a deal for a triplex, the unit cost 32.5k, needs 45k in repairs. The ARV should be 150k-160k. I should be closing before the end of the year. I'm using hard money for...
Adam Purden
Would you do a 1031 Exchange if you were in our shoes?
I am in escrow on a condo we are selling for $380K. We have had so many HOA plumbing/pipe issues over the years and we are just tired of the headache. After three major water remediation and renovations, we are over t...
Josh Rich
Setting Up Solo 401k
Today I'm working on taxes and finalizing my Solo 401k set up, yes tons of fun...not my favorite way to spend a sunny 75 degree Saturday in San Diego!
That said, I need some guidance on next steps.
Step...
Anne Grello
Advice?? Placing multiple offers, but no takers
Hello, I am just starting out and trying to get my first investment property. I am using a conventional loan for financing and putting down 25%. Surprisingly, (to me), I have put in multiple offers on different proper...
Shannon K.
New. Prepared. And Ready!
Hi everyone! This is my first post here, but I’ve been lurking for months! I’m a female entrepreneur (small biz owner), professional athlete, MBA in Finance & Marketing getting ready to make a move into real estat...
Tony Reale
Duplex/Triplex
I am looking at what appeared to be a property originally built to be a duplex. Symmetrical layout with what I believe was an unfinished basement at one time. The owner of the house has finished the basement and sh...
Jimmy Klein
Any commercial bankers out there?
I wanted to know about a future land development. I purchased cheap acreage located on a major road, very good location. About daily traffic count of 45,000 car. Purchased cost for each acre is 100k. It's only 5 month...
Naseera Mohamed
spending on an REO property even before closing
My mortgage broker has convinced my husband to spend on some improvements in the house that we have a contract on,, so that it would appraise correctly and help him get approved for the loan. I am not so convinced ...