
12 September 2017 | 4 replies
Motivated seller selling me a 3/2 SFR but not sure what strategy to use.Property Details:Written Appraised Value - 134KPurchase Price - 90KRehab - 15KRent - 1,250/mthTax Rate - 2.54%Strategy 1:20-year mortgage, 4.63% interest, 20% downPurchase, rehab out of pocket, rent it, pay off the mortgage FASTER but collect LESS passive income.Strategy 2:30-year mortgage, 4.75% interest, 20% downPurchase, rehab out of pocket, rent it, pay off the mortgage SLOWER but collect MORE passive income.Strategy 3:25-year, 4.125% interest, 45% downAssume the current mortgage and pay the owner their profit of 40K.

10 December 2017 | 18 replies
If you are looking to move faster and acquire more units, you may want to consider only putting 20% down.

13 September 2017 | 11 replies
Do you, as the agent, get the investor to sign a buyers agency agreement to ensure a commission or do you get some type of referral fee to allow the investor to close the deal faster?
26 September 2017 | 14 replies
While many events are for members only, I believe the bus trip is open to the public, and they have at least one free event per month.Regarding your capital, you have more than enough to go directly into multi family which would allow you to build passive income faster.

9 November 2017 | 43 replies
As is in real terms this property will be seriously into negative returns based on dead equity alone.The quick profit of 100K is far more valuable than the rent however if you leverage to the hilt and reinvest the money, assuming you still have some positive cash flow, it might work assuming rents can rise faster than appreciation and before expenses kick in (like a vacancy or eviction).

14 September 2017 | 5 replies
The first deal is likely to be small enough; you'd be growing your wealth faster if you can do the whole deal, and spring forward into 2 or 4 or 8 in the coming years.

14 September 2017 | 7 replies
I think you will acquire property faster by spending more and leveraging.

20 September 2017 | 41 replies
It would be a little harder now as the sales prices locally are climbing faster than rent; I've only been able to get one house this year that can make any money.

22 September 2017 | 9 replies
Also the roof and parking lots take a beating and tend to wear out faster from the cold,snow,etc.For lease guarantor you would want the corporation as well as a personal guarantee on the lease.

28 September 2017 | 10 replies
Listen what I would do is drive around the neighborhood you can afford around 6pm if the bus stops have lots of people making there way from work there is one money to be made and two a community of decent ppl there I'm not sure if u have children if not living in a bad neighborhood isn't always as bad as it seems besides the money you collect in a year or two may propel you toward your real aspirations faster than not making the move and no matter where you buy your choosing the tenant so set a base line of what you will and won't accept and stick to it people live in Baltimore, New York, New Jersey all places that once where **** holes that have taken some major steps toward change but more importantly they made a big bag of money from those horrible hoods