Jason Merchey
Optimism Vs. Realism
There is a psychological research finding that used a light switch as the variable. The experimenters had subjects flip the switch at will, and they varied the light on and off. It turns out that optimists were overco...
Elizabeth Hernandez
For Sale by Owner
Hi, I want to sell my single family house on my own. I am reinvesting a good portion of my equity into a side by side multifamily house. I plan to live in one of the apartments and rent or AIRBNB the other. Does anyon...
Bakir Ebrahim
100% cash purchase VS 20% down payment on rental property
Hi All,What numbers would you look for on COC and cash flow ( Using the rental Caculator) when purchasing at 100% cash.While using the rental caculator, I had to go way down on the purchase price ( to get at least 10%...
Parth Patel
6 unit Apartment building for sale asking $350K
6 Unit Apartment building with (3)2bd-1ba & (3) 1bd-1ba averaging $750/ unit. Current owner is paying all the utilities. Ran the numbers looks good but bit concerned about going and having separate metering instal...
Rick Bassett
Applicants with undisclosed significant other
Maybe it's the way that the housing authority in our area works or our local culture but it seems that the vast majority of the applicants that we get who are on public assistance almost always fail to disclose that t...
William Wong
6 mth seasoning after a cash out refi for a $536k loan
I needed to do a cash out refi in order to consolidate my second loan into my primary loan. If the rates were to drop significantly in the next 6 months as I believe they will, I plan to do a rate n term refi in the ...
Amenta Cousin
Wholesaling
how can you wholesale a property that is listed by a realtor.
Hen Ley
Financing through rental income and nothing else?
Looking to finance a purchase- it will either be a flip or rental. Currently don't have any income and my tax returns don't offer anything that would help qualify. Having a hard time finding a lender that will lend ...
James Wierzba
Worried about equity and property value for turnkey purchase
Hi,I just made an offer on a turnkey rental property (duplex) in a rural town. It is recently renovated, and fully occupied. It will cash flow immediately. My offer is significantly less than the listing price. Read b...
Ryan Thomas
In the middle of a property purchase--should I back out?
Full disclosure: I am very, very new to all this. I follow the basic rules: buy 1%+ properties, have significant cash reserves, etc. etc. So far I have 2 rentals that have been doing great and are absolute cash cows.
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