Jason L.
4 months into a refinance -- jump ship?
Short version: I am 4 months into a loan refinance. I've already paid for an appraisal, which has now expired. The team I've been working with (loan consultant, underwriter, and processor) has been dragging their feet...
Andy Kurtz
What are the potential pitfalls with 6+ family rehabs?
I've found a potential deal, but I don't know what I don't know when it comes to investing in 6+ unit buildings.
Found a bank owned 6 family in a rural C+ area in New Hampshire. Property is boarded up, and needs mas...
Ronald Starusnak
The U.S. Housing Boom is Coming To A Halt - WSJ
According to an article posted by the WSJ; the U.S. Housing Boom is coming to a halt and it's starting in Texas. If you've been investing in the CNY / Syracuse, NY Market then you know houses are flying off the shelve...
Eli S.
Flipping Unpermitted Work San Antonio TX
Hoping someone has had some experience with this...I just bought a house that I am going to flip. Property is in fairly good shape and only needs cosmetic upgrades on the inside. Thing is, county records show it havin...
Walter Ellis
Bought a 24 unit complex 2 years ago Rehabbed and ready to BRRR
Bought a 24 unit complex 2 years ago. It had been foreclosed on and was empty and trashed. Now it has been rehabbed and is at 90% plus occupancy. Would like to refinance from local bank at variable rate to a perman...
Georgie Coote
Looking to sell Jacksonville rental purchased from Morris Invest
I have had such great responses from a recent post requesting help selling my Indianapolis properties, can anyone help me with one I have in Jacksonville? It is rehabbed but not in the best area, the property manager ...
Chris Seveney
What’s the highest foreclosure cost you have had?
We all have the horror stories if you have been investing in paper for any period of time.Question / comment today is what is the most $ you have ever spent on a foreclosure?I have one ongoing and it will probably exc...
Jerry Kisasonak
New Tax Laws: Expenses or Capital Improvements?
I am trying to get a handle on the new taxes codes in regards to expensing versus capitalizing and depreciating. I have heard that the new laws basically state that "replacing" something such as a roof, AC unit, etc i...
Manuel A.
How to Protect EMD in this Hypothetical
Is it possible to protect my EMD in this scenario:
Say I put in an offer for house x and it was accepted along with my EMD. (May be wrong on how that works as I haven't done so yet, but I'm assuming this is how it go...
Account Closed
Putting more money down vs. higher leverage vs. more investors
I'm looking to invest in a MF property in Richmond, VA and have 2 other JV investors I'm working with. For simplicity, we have $30,000 down and will buy a $100,000 property. Property is a Class B property and the go...