Austin Dudley
HELOC application demands for flood insurance on primary res.?
Hi everybody!I have a primary residence in northern Nevada worth somewhere close to 450,000 and I bought it for 220,000. I looked into getting a HELOC to look for investment properties. I got approved with no problems...
Ari Yenjai
Need advice pls! Fix and Flip or Subject-to? Buy from motivated seller
Hi there,
I want to get start on my fist deal and I just got this lead from my friend. He is moving to oversea and want to sell his house fast. This house hasn't been on the market yet. He has just told me ye...
Patrick C.
Nobel Economist Robert Shiller Pessimistic on Housing.
http://www.businessweek.com/videos/2013-02-06/shiller-sees-no-major-rally-in-u-dot-s-dot-housing-market
Rickey Wallace
Wholesaling as a licensed agent
How would one go about doing a wholesale transaction as a RE agent? Scenario: u r approached by a distressed seller. She wants out of her home b4 she gets too far behind in payments so is super motivated to save her c...
Joel Lazar
Cash out refi or Heloc?
I have one SF property in Orlando with $200k in equity and one in Ormond Beach with about $150k in equity. I want to leverage that to scale up into a MF property.What's the best way to do that and what entity is the b...
Michael Hable
Late Rent Payment: How would you approach the situation?
Hi BP Folks,I have a rental which I've had for 3 years. Recently my old tenants moved out and spoiled me with on time payment every month. Our new tenants were late 5 days with their 1st month and so I sent them a fri...
John Hixon
20 Duplexes and 1 seven unit apartment complex
I have been presented with an opportunity to buy 20 duplexes and 1 seven unit apartment. The details are as follows.20 duplexes - $1,300,000 – average rent is $700 / unit ($28,000 per month) 85% are 2/1. There is a...
Brett Read
New to realestate investing in Cincinnati OH area
Hey everyone, My name is Brett, I am new in real estate investing and am trying to gather enough information so I feel comfortable with my first investment property purchase! I got my real estate license about 6 mon...
Joe Kim
refinancing investment properties
I'm in the process of refinancing an investment property.The current loan amount is 110K @ 5.125 fixed 30 yearsI'm getting it refinanced at 115K @ 4.25 fixed 30 yearsI will be saving around $50/month in mortgage payme...
Marc Winter
Is It Time To Tap Out?
Is It Time To Tap Out?
Quoted from a real estate blog: “I bought this duplex 3 years ago for $600k, and now it’s worth $980k! I love real estate! I want to do it again and again! I heard I can just cash-out refi a...