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7 February 2025 | 11 replies
For a purchase generally application would be to review an ID, asset statements, and LLC docs if neccesary.
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3 February 2025 | 0 replies
Purchase price: $450,000 We bought this park for $450k.
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16 January 2025 | 78 replies
I have purchased both in state and out of state.
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29 January 2025 | 3 replies
Purchase price: $220,000 Cash invested: $45,000 This is a 2 bedroom, 2.5 bathroom rental that I purchased.
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29 January 2025 | 3 replies
Who owns the solar panels and what's my liability if I continue with the purchase?
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4 February 2025 | 0 replies
Using quality yet affordable materials can transform a space without excessive costs.I could remember working on a property an investor purchased.
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14 January 2025 | 16 replies
You don't need to be larger than life, driving flashy cars, or using your looks to make a sale.
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16 February 2025 | 6 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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15 February 2025 | 2 replies
When I first started out I purchased everything with 20% down and had enough available much through credit cards which can be problematic also to withstand a few months of vacancy or a $10k repair.
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1 February 2025 | 15 replies
@Mike ReynoldsSeller financing is allowable for Solo 401k purchases.