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All Forum Posts by: Laramie Hiebner

Laramie Hiebner has started 25 posts and replied 53 times.

I am looking to move into a duplex next fall and am currently in an apartment. Aka house hack. My question is what is the advantages/disadvantages to putting say 3.5% down vs 20% or 10% I understand putting more down avoids mortgage insurance. Also, would it be smart to put 3.5% down on 6 properties or 20% on one?
Josh Nix I'm interested! How can I meet up with you? I'm all for helping in any way to receive some form of experience or knowledge
I am a 19 year old that has 1 multi family under my belt reaching out for a mentor on a house flip. Would be willing to work for free if I get taught real knowledge on real estate and house flipping. Anything in the lincoln area or close to would be the best for me.

Post: Greetings from Lincoln, NE

Laramie HiebnerPosted
  • Lincoln, NE
  • Posts 56
  • Votes 4
Josh Nix which grata? I am a beginning investor and am interested I live in lincoln

Post: Financing my second home

Laramie HiebnerPosted
  • Lincoln, NE
  • Posts 56
  • Votes 4
I also am 19 years old so it is tough to receive any type of loan

Post: Financing my second home

Laramie HiebnerPosted
  • Lincoln, NE
  • Posts 56
  • Votes 4
What other ways can I get a triplex/quadplex without going through a bank? I already have one triplex it was with my parents and they believe it is too risky to continue even though we are receiving 27.5% roi per year I have enough for a 20% down payment on up to a 150k house but am open to all options I was thinking maybe assuming a loan. Any other ideas?????????

Post: Shooting point for roi

Laramie HiebnerPosted
  • Lincoln, NE
  • Posts 56
  • Votes 4
Mike Huang the usual roi is 8-10% in my area I've been running numbers for each house I've looked at

Post: Shooting point for roi

Laramie HiebnerPosted
  • Lincoln, NE
  • Posts 56
  • Votes 4
Looking at 100k triplex great condition 1500 in total rent what would we a good shooting point for an roi I'm at 25% had numbers checked twice included 300 a month for expenses and 2 months of vancany calculated in as well
Kevin Siedlecki very helpful
Wondering what a good roi would be on a 2 bed 1 bath 100k house 20% down? Also what would be an above average return on a duplex around 100k as well 20% down?