Chi Wen
what happens to your equity in a downturn?
So we all know housing will dip/drop at some point. What happens to your equity in situations when you put down 5% vs when you put 20% down?- Buy a 500k house and put 5% down (25k) and the next day housing prices cras...
Patrick Philip
What do you think about this contingency clause?
I am looking for a way to protect myself against buyers causing me to take my house off the market, and end up wasting my time.What could go wrong if I added this clause to the purchase contract? This says that the bu...
Matt Vaughn
Lender's calling partner's money a "Gift"
So I need some help - I'm new to this.
I just put an offer on a deal in Maryland that I'm pursuing with a family member (my sister calls him Dad). The plan is to split ownership 50/50. He's providing $100k ...
Jeremy Segermeister
New Investor - 55+ Community
Hello,I'm looking to make my first purchase for an investment property. I live in the California Bay Area where home prices are exorbitantly high, making the risk higher than I am willing to take at this point. My goa...
Pat L.
Turn Key Purchase - Transaction Fee Disclosure
Hi. I agreed to purchase a property with a turn key provider. I did not use a real estate broker or salesperson at any point. After agreeing, I received a message requesting that electronically approve "Transaction Fe...
Walter Fabiszewski
To draw or not to draw
I’m proud to announce the back in March 2020 I finally built my credit to the point where I was able to obtain a $92,000 HELOC on my primary residence. I found a property that I put under contract for $60,000 with app...
Bryan Noth
Zillow: No housing market will be hotter than Austin's in 2021
Article linked below, strong statistical data regarding the Austin MSA's housing growth trendshttps://www.bizjournals.com/au...
Steve Booth
Insurance for a rental property
Hi all!Well I have an agreement of sale for my first property! I am working through financing, etc. It's zoned something called "AO" which is "Apartment/Office". Seems I am needing a commercial mortgage for this. ...
Dennis Wasilewski
Quadplex BRRRR in York, March 2019
Investment Info:
Small multi-family (2-4 units) buy & hold investment in York.
Purchase price: $85,000
Cash invested: $15,000
Partial BRRRR:
Purchased for $85,000 and spent $15,000 on repairs/re...
Travis Henry
What to do with a $1 million house?
My grandparents are retired and own their home outright here in Hawaii. It's probably worth a little over $1.2 million , and they're considering selling it and moving to Las Vegas.
Their plan is to buy two SFHs in Ve...