Mark Harris
The First Step
For my first deal, I'd like to find a single nationwide lender for pre-approving a loan so that multiple realtors from different markets (and states) will be motivated to find better deals. I'm more than happy to shop...
Andrew Taylor
Need Advice Quick! Investor Terms
I have a lead on what seems to be a good candidate for a fix-and-flip deal, and I've got tentative approval from a lender. However, the lender is requiring 20% down, which is going to be somewhere in the neighborhood ...
Patrick Reagan
Multifamily Rentals: Cash flow or "safety".
Am finding the better cash flow is in the tougher neighborhoods and would appreciate thoughts on the matter.Stay away from the tougher areas?Am looking in the Newark,NJ Jersey City,Elizabeth areas.
Lisa Hoover
$1,000,000 Profit on a $16,000 investment 2002-2018
Investment Info:
Single-family residence other investment in Charlotte.
Purchase price: $320,000
Cash invested: $16,000
Sale price: $560,000
7612 Ballantyne Commons Parkway: I bought this prop...
Jayson Carnahan
Can not get a refinance for a home I own!!! HELP!!!
I have a home that I purchased land contract 5 years ago from my father for $93,000. The contract was written that I would need a balloon payment at the 5 year mark which would also put me at just over 20% equity.5 ye...
Maximilian Maier
First Time Investor Tips
Hi! looking to purchase single-family homes in my hometown. I have limited experience and would like to ask a question:
Is negative cash flow ALWAYS bad?
Laurie Isabell
Estate Auction Flip; total rehab and stage
Investment Info:
Single-family residence fix & flip investment in Bainbridge.
Purchase price: $48,000
Cash invested: $50,000
One owner estate auction purchase. Really good bones, but major need o...
Ken Vogel
When Is a bad deal a good deal?
Hi ya'll, I have yet to purchase a multi-family property for the first time, but Im looking. Im live in the Portland metro area but wouldnt be absolutely opposed to buying out of state but lean toward buying nearby s...
Account Closed
Refinance question BRRRR
The BRRRR calls to refinance, but this will increase mortgage payments? So how is the increase amount factored in? Also can you take all your money out or do you have to leave at least 25% in the deal?Current mortgage...
Richard Talbott
Conservative and steady or go big from the get go?
Should I sell my SFRs in order to finance 20+ unit properties, or should I slowly build my portfolio before making the big jump to large multifamily properties?Hello everyone,I have a SFR that is completely paid off a...