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30 December 2024 | 1 reply
Purchase price: $415,000 Cash invested: $90,000 MY FIRST RENTAL PROPERTY !!
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7 January 2025 | 22 replies
Once that amount is reached, then continue setting aside cash for the next investment purchase.
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16 January 2025 | 5 replies
Purchase price: $70,000 Cash invested: $60,000 Sale price: $70,000 Have under contract for $70K and will rehab.
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13 January 2025 | 15 replies
It's calculated as the ratio of your total loan amount (loan amount for purchase + loan amount for your rehab) to your total costs (purchase price + rehab budget). 95% is a good target.Avoid application and other upfront/junk fees.
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10 January 2025 | 3 replies
In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.
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4 January 2025 | 11 replies
I use a schedule E and do not have an LLC or business name, so can I purchase the vehicle under my personal name and take section 179?
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22 January 2025 | 7 replies
As an investor and a commercial real estate broker I would not expect a buyer to spend a dime on due diligence unless the buyer/seller come to an agreement on a purchase contract.
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16 January 2025 | 1 reply
Purchased in 2015 for $57k seller financed.
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5 January 2025 | 2 replies
While I haven’t chosen a specific niche yet, I’m leaning toward purchasing a multi-unit apartment where my 20-year-old son could live and help manage while we rent out the other units—essentially a form of house-hacking.So far, I’ve connected with a few real estate agents and gained MLS access, which has been a great starting point.
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28 January 2025 | 71 replies
And what a purchase!