I was contacted by a conventional lender through BP. I checked their recommendations and they seemed legit. The loan officer certainly was very helpful and responsive at first. In retrospect, I think he was eager to s...
Hey all, i need some help. I want to get into real estate more. I have a rental property that rents exactly what I pay for the mortgage. The bank is willing to give me upwards of 90k in a cash out refinance. The in...
Hello allFirst time poster here and need some advice. I have a guest house on my property that I rent out. Recently put it on the market and one of the first responses was a sweet girl. She came on Sunday to the pr...
@P.J. Bremner @Darin M. @Charles Jones @Robert Smith @Brian GibbonsSo I have an interested buyer in a flip property I'm wholesaling. I'm asking for $34,000 and it covers a $5,000 fee for me. I quoted the work at $10,0...
Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...
My wife is not too keen in investing in real estate, she just wants me to stay in the army and depend on them untill I reach retirement. How can I convince her to agree with me about investing in real estate, also h...
Hello All,I would humbly ask for someone to double check my numbers on a potential deal I am working on. (Sorry if this is not the proper thread, this is my first post, other than new member post).Details:Not on MLSAr...
I've been looking at multifamily properties on MLS, backpages, loopnet, etc and applying the 50%/2% rule to them. I've also been looking at the cap rate, cash on cash return, IRR and NPV. On the surface, none of thes...
I'm 19 years old and my parents have been getting on my case lately, Pay us this a week, pay us that, step up to the plate, you use our washer , our dryer, and the oven, you eat our food and so on. I think it's time ...
i am rehabbing a house that keeps getting vandalized. at first they just stole some copper from the AC but last night they pulled copper from hot water heater and the whole house is flooded.
I'm thinking about insta...