All Forum Posts by: Kellen M

Good evening!

Quick question, have any of you ever left the stock market altogether (take your money from positions held) and put it all into real estate? Buy more rentals. I have some rentals and they’re doing great. My stock portfolio is performing great as well, but I’m loving the cash flow from my rentals, lol. I just want to know if anyone else has experienced this emotion. Thank you in advance for your responses!  

@Josh Mitchell  It still would cash flow

Thank you for your response!  I just thought if I go in as an all cash offer I would get a better deal.  How long do I have to wait to go back and do a cash out refi?

Hi all!  I am thinking of borrowing against my investment account to purchase a rental outright.  I would be able to get a better deal with an offer being submitted as an all cash offer.  I plan to fix it up and then rent it out.  Once rented I need to know my options for getting my cash out and keeping it as a rental.  I can't call it a cash out refi because there will never be a mortgage.  Can I just walk into the bank and tell them that I have a house that I want to put a mortgage on?  The amount I would pay is a lot less than the market value, so I am not worried about the appraised value.  I just need to know is it simple and what is the process called (if it has a name).  Thank you in advance for your responses!!

Kellen

Thinking about purchasing a property with cat urine around the refrigerator but the smell travels over other parts of the house. My question: Should I calculate that expense to fix it into my offer price or bid regularly and if the inspector finds the problem, ask for the seller to fix it?? It is a foreclosure, so it would be the bank that I'm dealing with. Thanks for your responses!

Thinking about purchasing a property with cat urine around the refrigerator but the smell travels over other parts of the house. My question: Should I calculate that expense to fix it into my offer price or bid regularly and if the inspector finds the problem, ask for the seller to fix it?? It is a foreclosure, so it would be the bank that I'm dealing with. Thanks for your responses!

Hi, I am trying to figure out which grants are still available so that I can apply for one. Since it's so late in the year, I know that the availability of grants are getting low. Does anyone know where I can find a list of grants in the state of Georgia that are still available right now so that I can select which ones I would like to apply for? Any information besides info on grant writers would help. Thanks!!!

Clay, are still in the business of helping people find a private lender in Georgia?

Scott can you please tell me some of the programs that would provide funding in Georgia?

Hi, I'm trying to understand something with the lease option buy. I have a property where I put a tenant on lease option to buy for a year while they are improving their credit to be able to purchase. So when a year comes if everything is in order for them to purchase the property from me, do I keep the monthly payments or do I put it towards there purchase? Thanks for all responses!!