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Just doing a test run on my understanding of the "Rules of thumb" and math skills. Looked at a few properties today and it appears that a flip is more realistic than a rental for them.
REO List price $225,000
ARV $2...
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I was checking out the new hard money lenders directory on BP today and it appears there are now 12 lenders.
Questions:
1. Is there an easy way to filter all of the lenders to see who will loan in a certain area?...
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Hello, I am eyeing up a property that appears to be an excellent idea, and I am looking for some advice. I have never invested in any property before and am completely new to all of this.
The property is a 1995 dou...
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I know we've thrown around the term "influence" the appraisal or personally I like "assist" in the appraisal process, but this article is EXACTLY why I like to pull my own comps.
http://www.housingwatch.com/2010/02/0...
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Would it be possible for me to use my first home (primary) potential rent income as qualifying income towards a second home?
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I am looking for a creative financing solution. I have 4 properties in Baltimore. No mortgages on them. All of them rented to section 8 tenants. They bring good cash flow and I want to keep them. I used a line of c...
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Peace to all!
My main experience is being a real estate agent and mortgage originator. My main interest now to build a real estate investing business basically dealing with Short sales.
My name is...
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There is a house near where I work....and right across the street from a college. The house is 2500 sq ft, 6 bedrooms, 3 baths. It has been sitting for a few months now and the price has been dropped a few times to ...
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My brother wants to invest money on my first flip. I don't want to put him on my llc with me. When I sell property is there any kind of tax problem for me when I give him his shair of profit? Ex If I net 20k and give ...
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Hi all - I have a couple who are going through a divorce and want to sell their property; a 3/2 brick veneer, approximately 2400 sq ft and it sits on a 1/2 acre out in a rural area. They owe nothing on the property an...