Rich S.
What put you over the edge?- gave you the final push
I've read oodles and oodles of real estate stuff, watched plenty of shows, realistic or not.... done a bunch of looking at potential flip projects, etc... researched and had conversations with various partners.... At ...
Eric Hathway
Failed to Appraise- Please help
I have an 11-unit apartment building under contract and my portfolio lender just informed me the appraisal was not good enough to lend upon. She stopped the appraiser before he wrote the report to save costs, but fro...
Tim Kunz
Flipping in San Luis Obispo
Is anybody flipping houses in San Luis Obispo or any nearby towns? The reason I ask if I've recently received a job offer to work down there for a year or so and would rather do a live in flip or two instead of paying...
Andrew Brewer
Earnest money going hard on Day 1??
I was talking to an established syndicator today about the market for large multi-family properties today and he said that its become standard practice in todays market for earnest money to go hard on Day 1 after a PS...
Kristina Modares
East Side
I'm looking into investing in a property around $40-60K My plan is rehab (20-30K), rent, and hold. I've heard Dignowity Hill is a good area but apparently I won't be able to find a place for my budget. What other area...
Matt Holmer
Fannie DTI ratio with new rental income
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
David Lant
Newburgh, NY. Buy, sell or run for your life?
Has Newburgh, NY really turned the corner as a good real estate investment? Looking to branch out from Beacon, but I'm always getting conflicting reports in regards to the future on Newburgh. I do flip single family...
Chris Piper
Becoming a private lender- "The Banker's Code" by George Antone
I'm sure some of you may have heard of the book or course "The Banker's Code" by George Antone. I have read the book, and this is what I took away from it. If you want to become your own "personal bank" so to speak as...
Jess White
What rental REI expenses can I deduct while still a W2 employee?
I am currently still a W2 employee while building my real estate business out of My question is this, what can I write off on my taxes while I am still a W2 employee and not considered a "Real Estate Profressional"? I...
Richard Choi
Setting up legal business entity - Tax, Legal & Accounting considerations?
Hi All,I am working with a business partner to invest in real estate. Our near-term strategy is probably best described as BRRRR single family residential (detached SFR). We are currently in the planning stage, but ho...