Ken Nyczaj
Scrub walls to remove smoke damage
Hey Everyone,Just closed on my first flip in Maryland. The seller smoked heavily in the property, house is 1250 sq ft and is a rancher style. I was thinking we needed to remove carpet, scrub walls, and then prime, but...
Trevor DeSimone
Promissory Note Written to Investment Group
Investment Info:
Single-family residence private money loan investment in Garden City.
Cash invested: $52,000
This is the second time I've acted as a PML; the connection was made on Facebook of all place...
Taylor Green
What repercussions does borrower have if foreclosed on by private
Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
Tony R Fox
Fresh Out of College, No Student Loans. Need starting strategy
Imagine if you are out of college on a full scholarship. No debt. A credit score of a 709. In the interview stages for potential employers for engineering jobs. Looking to build wealth to set yourself up for more fre...
Chingju Hu
My offer I set the purchase price too high, now what?
Hey BiggerPocket, it's a silly situation, it's my fault, I hope you don't laugh at me too much LOLI made an offer on a house, they accepted it almost instantly, I realize the purchase price is too high, what should I ...
Peter Lee
Buying Old Rental Properties for Cash Flow
Hey guys, I was wondering what your take was on this situation.
I'm thinking about buying a few older rental single family homes vs buying a newer home.
Here are the specs.
Older House
Built: 1950 - 1970
Cost: $40k -...
Alex Ng
Handling the Risk and debt
Hi, I've recently bought one property and under contract for my second one. It's been a wild journey, learning as much as I can. As you scale more and have more properties, you also incur more debt. For people who own...
Lisa Smith
Is it better to use 500k to buy houses all cash or leverage it to buy more expensive homes?
Hi, I am have some experience investing but not full time by any means. I was wondering if anyone had some advice regarding the following. As an example if someone has say 500k to invest (lets say in the Phoenix are...
Tara Faulks
Multifamily Markets in Southern California
Hello! I am looking to invest in Multifamily Units with value add potential (12 or less units to start). I live in Santa Monica. I have been reading forums entries on markets and things to look for and am trying to...
Marc Globensky
Who does Small multifamily investing in Clevland or other OH cities?????????
Hey my fellow investors,I'm looking for a new market to break into. Phoenix is over saturated with investors and deals no longer make sense. I currently own 7 rental units 3 in Indianapolis, IN and 4 in Killeen, TX. I...