Logan Bosiger
My BRRRR appraisal came in LOW. Now what?
I purchased a home for $35,000 cash in an area that is quickly coming up. We did a full rehab on this home (about $28,000 in renovations) and just got renters in paying $800/mo. Total investment = $63,000. True comps ...
John McCormack
Can I combine a conventional and private loan for mortgage?
What if our primary lender is only willing to loan 80% LTV for a duplex I'll be living in one side of, can I then come up with a bit more cash through a private lender such as Prosper or Lending Club or personal frien...
Jayne Overbeck
New Investor from Michigan
Hi Everyone,I am a Realtor from Grand Rapids, MI and have been in Real Estate for over 28 years. I have worked with some investors through-out the years and decided to try it myself this year so me and my husband bou...
Michael Goodman
Help Check My Underwriting Duplex
Hey! Back again as I'm trying to hone in my underwriting. Got this sweet spreadsheet from Coach Carson and plugged some numbers in for this local duplex that just came up for sale. Assumed purchase price at asking, go...
Oscar Zhang
Great location; low on CoC - thoughts?
Would you consider investing in a growing area with a low CoC % - say 5% or lower? I have researched potential investment areas and found a market in North Carolina that meets my criteria. For the past month and a hal...
Brad Garcia
Interest Only Vs Principle+Interest
I have looking into financing and have come across this idea of doing an interest only loan to purchase a multi-family. The thinking is, I really don’t have a desire to own the property, but rather maximize the cash f...
Tom Liu
deck repair opinions
Hey all, I am getting quotes on deck repairs right now. This is from an 1990s home. Deck is very neglected. Probably never maintained at all. One contractor told me basically to go conservative. Meaning:Pressure washs...
Kevin Brunke
What drives your actual interest rate on a loan?
I've been reading the forum for a while, listened to most of the pod casts, and have read several other real estate books, but do not currently own investment property. We have a conservative strategy we plan to purs...
Kurt Schmid
Business Cards
What do you put on your business cards? Just your name and contact info? Or do you throw a "We buy houses" on there?
Jill Rene Petik
calculating house hacking yield correctly
Hi there, I'm trying to (properly) calculate the yield for a potential ADU build that would allow me to house hack my second primary residence. I purchased a new primary residence 4 months ago. I'm looking at a const...