Donovan Cano
How do people find "mentors", and what exactly does this mean?
I know a mentor can be anyone, but for someone who doesn't personally know any real estate investors, how would I go about finding one to advise me? I might have a deal, but I'll never know unless I can ask someone wi...
Kushal Shah
Small Multi-Family market in Bay Area, CA
Hi All,I am new investor based in Bay Area CA, looking to invest in small multi-family (Duplex/Triplex). What I am noticing in the Bay Area is most small multi-family is really old construction around 70-80 years old....
Nicholas Thompson
Buying a SFR with FHA and Renting
I have talked to a few lenders and real estate agents and they have all advised people that it was OK to buy a property with an FHA loan and rent right away. I know legally it is not OK, but everyone has heard stor...
Bob Ross
When will a bank let you leverage past what your salary covers?
I’ve heard of hair dressers with hundreds of units in their portfolio. Obviously their business income will not cover The cost of all these mortgages.When will banks start approving you for more than what your job sal...
Rachel Denz
Raising rent on long term tenants in a newly purchased duplex
Hi all, thanks in advance for any help I can get!I'm closing on a duplex that has tenants of 4 and 10 years paying $600 each on month-to-month leases.Tenant 1 has been there 4 years and has taken really good care of t...
Kristina Dodson Dupree
Refinancing a Property
Hello,I really need to refinance a property- currently paying the mortgage and loans/cards that I used to rehab it. However, my credit score is low (mid 500s-because of this) and I am out of money. Refinancing it woul...
Jeremy Gengenbach
Appraisal low on refinance, and I would like a reconsideration
My house was appraised for a refinance and the appraisal came back at $160,000, which is significantly under what we expected ($190,000). Our house was built in 2011, in a cookie cutter neighborhood and there is an ex...
Alexa Martinelli
Commercial Loans Question
Hey all,I'm currently reading a book called "Commercial Mortgages 101" by Michael Reinhard. I was just reading a section about what the buyer's net worth should be to qualify for a commercial mortgage. From my underst...
Brandon Nguyen
Low Purchasing power
Long story short. Purchased a townhome 2018 before the military using FHA loan. Joined military 2019 deployed, came back and bought a single family home in 2021 using VA loan. Both are currently being rented. Talked t...
Braeden Cobb
Looking to purchase a multi-family investment
Hello! I am looking to buy a multifamily home in the next year or so and wanted to hear some thoughts on a few things. How well do small value add projects benefit the investment outcome in your experiences?What citie...