Have you participated as a lender with Lending Club? I'm eager to hear about how you chose the loan to invest in, how the returns were, quality of customer service, and any other aspect you'd like to share.Thanks!
Hi All,Would love to learn how to lend money privately, underwriting deals vs junk, ins and outs. Where to begin and best to learn? Your feedback is much appreciated.Regards,David
Thank you to everyone for your comments on my last spec deal post, especially @J Scott and @Will Barnard.I’ve worked through the opportunity further, met with local real estate agents and other developers to get thei...
Hello AllI understand that in general there is a 6 month period to close the replacement property. However if i sell now is there any restriction on closing the replacement properties before end of the 2016 tax year?A...
Hello Guys,If you were about to 1031 exchange a couple of properties and they are about to profit you 100k, what would you 1031 exchange that money into? In other words what strategy would you use to turn that 100k in...
Hi, I'm looking to access the equity of my 10 mortgage-free SFH rentalsI know that I can set up a HELOC for each home, but that will give me 10 different HELOC accounts to manage, which would be a PITAAre there any al...
Forgive me if this isn't posted in the proper forum, I am still getting familiar with the site.This is the 30,000 ft view of a property I am currently looking at. This is probably the 30th house I've analyzed and it ...
I have just learned about wholesaling through a webinar that popped up in my Facebook feed-- by a Peter Souhleris. I am obssessed.... I am a newbie..I know NOTHING, but am a hard worker and fast learner. Where do I st...
Hello BP! Charles here. Not new to the site, I've been reading for about a year now but this is my first post. Here is my situation. I am on my second house. My first house was a good investment. Purchased in 2008, ow...
We had the winning bid for 4 bdrm 3 bath house on auction.com. However, the bid didn't meet the reserve. The bank has. A&E a counter offer of 15k higher than the winning bid. It's a good deal even at that price....