Douglas Goldstein
Cash out refinance will turn cash flow negative?
I'm looking for ways to finance my next purchase. I'm could do a cash-out refinance on a rental I own since the LTV is 57%. Currently, it has $150/month cash flow. If I refinanced to an 80% LTV, I could get $180,000...
Brandon Blessed
hubzu.com have anyone heard of this site?
So hubzu.com is a bidding website to bid on properties.
I'm bidding on this property but every time I bid on this property 20 minutes later somebody out bid me. It's a lot of people bidding on this property but for...
Jimmy S.
How would you handle this?
O boy here goes try to make a long story shortHad first, last and security upfront.Couple moved in july, he was arrested in september.Rent was due September 1st never paid still as of today. I was forced to use their ...
Scott Trench
Bold Prediction: The Fed WILL Do a 25+ BPS Cut... But RE Borrowing Rates Will Rise
Ready for some nerdery?
I believe that the Federal Reserve is going to cut rates by 25-50 bps at it's September meeting (no emergency cut), but that 30-year fixed rate mortgage rates will rise to upper 6s low 7s aro...
Bob Jones
My Pacific Height story-- What can we learn from this
We just experienced our "pacific height" and completed the eviction process. I want to share my experience with you to see what we can learn from this.
1) A Brother and sister came and rented our house. They ...
Account Closed
150 Units Distressed
Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
Seth Kitchka
New to Buildium, experienced PM software users come on in!
Hi all,I signed up with Buildium and was hoping for some advise or tips from experienced Property Management software users. I only manage my five SFRs, nobody else's. I decided to start using Buildium now to stay ahe...
Kyle Kipka
New tenant backing out after signing lease prior to moving in..what would you do?
I typically always do 1 year leases but I had recently agreed to rent my unit on a month-to-month basis to someone starting 6-1 while they had a new home constructed estimating that it would close sometime later this ...
Chris Nwoke
Need Advice On First Potential Deal w/ Title Issues
After doing some searching, I ran across an ad by a motivated seller. His asking price is $60K for a 3 bedroom house that needs $30K in repairs and has an ARV of $160K. From what I can tell, this sounds like a good ...
Account Closed
How to find a motivated realtor
I am currently looking for a home under $35K to flip in the Montgomery, AL area (where I am working). I am finding that my current realtor is not really engaging with me. He is very responsive but he never contacts m...