Richelle Bryan
What Qualifies as Reserves?
Hello,Wondering if mortgage lenders count liquid assets (equities, 401K plus cash) towards the 6 month reserve requirement for a duplex (second property) or is it strictly cash? Also, I have been a landlord on my firs...
Dee Jay
1031 exchange fees for a transaction
Does anyone have a rough idea of what a 1031 intermediary charges for a 1031 transaction? FWIW, I'm in Los Angeles. Thanks!
Ben C.
Builders risk policy New Jersey
Hello,
Ballpark what is everyone who is flipping and doing major work paying on a monthly basis for a builders risk policy?
I am getting prices in the $250-$300 a month. Seems very high to me... thoughts?
Jose Guevarra
Memphis Seller Finance
I have a potential seller finance deal in Memphis, TN zipcode 38128. The home has already been rehabbed and rent ready. I'm assuming 7% of rent as property management fee. That seem reasonable?ARV: $68,000Purchase P...
George Voutsinos
Cash Out Refi with LLC (PHILA)
Hello, we've purchased a row home in cash (Philadelphia) almost a year ago in the name of our LLC. Tenant has been in place with a year lease. Could anyone recommend a bank and/or credit union that will cash out/ref...
James Xie
New member needs some advice for investment,Really appreciate it
Hello Folk,I just find this awesome forum and want to introduce myself. I have been living in US only 5 years from another country.Sorry for my poor English. I am doing import and export about my business. And I am ...
Sade Adejumo
Chicago South Austin Neighborhood Multi-Unit Investing
I just recently put in an offer on a 2-unit with a garden unit in the basement. It's located in the South Austin area of Chicago. I love the property but I am unsure of the ROI and the area for purposes of tenanting d...
Isiah Ferguson
BRRRR stratagy OR Make down payments for multiply properties ?
Hey. I am a fairly new investor. I purchased a duplex for cash being inexperienced. Now I am looking to refinance the property to expand my portfolio. My question is Should I refinance and use the cash for the BRRRR s...
Anna McKinney
Need help understanding asset protection
Hello! This is my first time posting and I'm not entirely sure if this is the right place for this question. I apologize if it isn't.I recently read Gary Keller's book "The Millionaire Real Estate Investor" and in one...
Bryan C.
15% ROI vs 50/50 profit split?
Ok, I would like to get feedback from seasoned investors / rehabbers. What return do you usually get on your investment or JV? 12% ROI, 15% ROI, or 50/50 profit split?