Charles Evans
New House Hacker, Need Tips/Reassurance Please!
Good Morning,So I have always dreamed of getting a duplex as my first house and to house hack to get my foot in the door in real estate investing. My goal was simple: house hack, and after a year browse to hopefully r...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Charles Salumn
quick wholesaling question
alright guys im still trying to figure out what direction i want to go in... i really want to be a landlord and own multiple properties for cash flow but to be honest i dont have that much money for down payments and ...
Steve Borgman
Creative Solutions for Negative Cash Flow Situation
I'm a first time owner of an investment property. Challenge is that I did not figure in a senior tax exemption as well as homeowner exemption, which made the taxes look deceptively lower.
As it is, with the downturn...
Zach Wright
House hacking for a first time home buyer
I'm 22 years old and graduated from college in May, 2019 - now looking forward to buying my first property within the next 6 mos.I have narrowed my criteria (location, property type: duplex, and budget). I am now sear...
Jelani Fearon
Short on money for FHA Downpayment
Peace to the forum. So my partner and I recently got pre-approved for 224k from a direct lender and he suggested that we get an FHA and put around 7k down on a property. The problem is we’re short on the money. I aske...
Nkechi Jarvis
In a dilemma! to build or to sell a vacant lot?
I have a vacant lot (40 feet by 108 feet) near University of Houston, Texas Southern University, and Downtown Houston; and I have just recently re-platted the lot as two separate lots (each is 2,160 sq. ft. UNIT A &a...
Desstani R.
150,000 to start investing and don’t know where to begin!
We just sold our first house and made 150,000 we now live traveling on the road but want to invest that ASAP so it’s not just sitting in the bank Into real estate but don’t know where to start. Should we buy one nicer...
Jacob Szeto
Triplex under contract did not appraise looking for options/input
I have a triplex under contract that needs a lot of renovation, about $90k. The lender basically says I need to have these renovations done before I can get a loan based on the appraisal. The way I see it is I have a ...
Stormy Hollingsworth
Any tips for the young investors?
Hello,
My name is Stormy Hollingsworth and I will be graduating High school in the summer , and also getting my real estate license. I am very interested in getting into positive investments fairly quickly an...