Home Buying & Real Estate Thread

[crcballer55]

Quote:

Is there anything that an inspection doesn't look at that can end up costing you a lot of money ? My boy is a manager at a plumbing place and he told me about having a plumber come out to snake the lines to make sure there aren't any cracks,separation, or bad pitch.

Yes, unfortunately. Getting a dedicated plumbing inspection wouldn't be a bad idea. Around here, they changed the public water formula so it's starting to corrode the older copper pipes causing pinhole leaks.

 

[dam itz lou]

So a different agent listed the house today and we think he's related to the owner. He has the same last name. We did some digging and found out who the owner was. We made an offer of 630K and he said he'll talk to the owner. He just wants to get rid of it, but keeps changing his mind. He said he'd called us by 3:30 but haven't heard anything yet.

 

[penny1folarin]

any help for buying condos ?

 

[lmag2813]

If you are married and buy a house does the bank use both your credit scores to determine interest rate?

 

[aepps20]

If you are married and buy a house does the bank use both your credit scores to determine interest rate?

Not necessarily, it depends on whether you are applying for a loan together. When we were in the home buying process my income and credit score were sufficient for me to qualify on my own. If you have the income and credit score to qualify with one spouse then it is almost as if the other spouse doesn't exist for mortgage purposes.

 

[memphisboi55]

Might be getting a gig with Apple in Austin TX, looking to cop a crib there soon.

Need to visit this thread more

 

[capital sb]

Here is the replay link for the Webinar : Using Duplexes, Triplexes, and Fourplexes to Find Financial Freedom

I suggest you watch it today, because they usually take down the replay after 24 hours.

Brandon is 27 and owns 50 units worth 2 million dollars .

@Al Audi

 

[slicknick951]

Ive been slacking on the webinars. I keep up with the podcasts but I always forget about the webinars until the are past.

Thanks for posting

 

[capital sb]

Ive been slacking on the webinars. I keep up with the podcasts but I always forget about the webinars until the are past.

Thanks for posting

Yeah I've been slacking on the webinars and the podcast.

He's talking about a 4-plex he just closed a deal for this past sunday. So now he's at 54 units.

 

[slicknick951]

Ive been slacking on the webinars. I keep up with the podcasts but I always forget about the webinars until the are past.


Thanks for posting

Yeah I've been slacking on the webinars and the podcast.

I subscribe to the you tube podcasts so I usually watch them while I do cardio but the webinars I thought you had to be logged on to watch them.

 

[capital sb]

I subscribe to the you tube podcasts so I usually watch them while I do cardio but the webinars I thought you had to be logged on to watch them.

They keep the replay up for a day. You just put in your name and email.

Edit: WOW he just spoke on how he is going to pay for his daughters college (she was just born last week).

Pretty much he is only going to come out of pocket $500 for the 4-plex he is buying.

Hes going to get a 17 year mortgage, so when the house is completely paid off in 17 years it will be worth about 190K.

Tenants will be paying for his daughters college fund, that is a very interesting strategy.

How to Buy a Duplex,TriPlex, 4-Plex book

http://www.biggerpockets.com/renewsblog/wp-content/uploads/2015/10/HowtoBuyaDuplex.pdf

Slides for the webinar

www.biggerpockets.com/217slides

Seven Years to Seven FIgure Wealth

www.biggerpockets.com/7years

Top 20 Real Estate Books Every Investor Should Read

www.biggerpockets.com/books

Lol they give out all the free stuff at the webinars. I'd never buy a pro membership without a webinar deal, he literally gave away $300 worth of free stuff with a pro membership discount

 

[just reason]

yeah Brandon is cool.. that damn shirt he always wears.. very inspiring.. the webinars cover the same topics but the podcasts have been so good.. especially one of the most recent with the enthusiastic wholesaler..

Brandon's by any means necessary attitude is attracting.. no or low money down >w

 

[capital sb]

yeah Brandon is cool.. that damn shirt he always wears.. very inspiring.. the webinars cover the same topics but the podcasts have been so good.. especially one of the most recent with the enthusiastic wholesaler..

Brandon's by any means necessary attitude is attracting.. no or low money down >w

Listening to this podcast right now, lol hes hyped up. I'll take it, most are very monotone .

 

[slicknick951]

yeah Brandon is cool.. that damn shirt he always wears.. very inspiring.. the webinars cover the same topics but the podcasts have been so good.. especially one of the most recent with the enthusiastic wholesaler..


Brandon's by any means necessary attitude is attracting.. no or low money down >w

Listening to this podcast right now, lol hes hyped up. I'll take it, most are very monotone .

When my man pulled out the victory bell it was on.

I was like I NEED THAT NOW

 

[edshoecator]

Anyone have quicken?

They keep sending me mail and I opened it and the prequalified refi rates look good....

Anyone have first hand experience

 

[superantigen]

...

 

[capital sb]

When my man pulled out the victory bell it was on.

I was like I NEED THAT NOW

LOL I have to watch the podcast on youtube. I'm listening to it for the 2nd time now.

Shocking that he was a bad salesmen must not have been his passion, because he is super passionate about REI

 

[pdino]

Quote:

Anyone have quicken?

They keep sending me mail and I opened it and the prequalified refi rates look good....

Anyone have first hand experience

I refinanced with Quicken, got me a good interest rate. Higher APR though

 

[dreamer23]

just got the pre approval from the mortgage company...the search is on siblings...

 

[ootherocoo]

Some more pics form my renovation.  The new stairs were finally fabricated and installed.  Still tons more work to be done, but it's now down to all the little details......My favorite part.

BEFORE

CURRENT

I'll continue to update with pics

 

[natrix916]

very nice!!

 

[stork]

What do y'all think of this language? I've never done this before and need to know if some aspect can be improved.

any updates??

 

[just reason]

ootherocoo

very nice. where is this property and if it is in NY do you own your own contracting?

 

[ekrev98]

Progress pics from a few weeks back of my current project. This property had major foundation issues which we fixed 1000000%. It was a bit of a blessing because it enables us to raise the living room floor to be level with the rest of the house. Now it's a big open space. We should be done in 2-3 weeks...this is probably my favorite project so far....

 

[703 hwy]

Can't wait to see more pics. I know you bout to hook it up