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3 February 2025 | 5 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
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4 February 2025 | 87 replies
So I found and purchased 3 undervalued properties from wholesalers and we are just finishing up the 3rd one.
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22 January 2025 | 0 replies
Purchase price: $17,000 Sale price: $27,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin acquired this property on 1/3/2025 for $17,000 and sold it the same day for $27,000.
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27 January 2025 | 2 replies
Quote from @Paul Whitehurst: Many will tell you to borrow money from Property A to purchase Property B, but that's known as over-leveraging and not recommended for a newer investor.
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22 January 2025 | 3 replies
How to track potential growth in an area to see if a lot is viable for purchase and building spec homes on etc.
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23 January 2025 | 15 replies
Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?
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29 January 2025 | 2 replies
I’m looking for some advice on a fix/flip property that I purchased with two friends almost two years ago.
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6 February 2025 | 12 replies
Quote from @Melissa Sejour: I am new to the real estate investing space and was wondering how do you go about researching the best areas to purchase properties?
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1 February 2025 | 0 replies
Purchase price: $178,000 Cash invested: $10,000 primary home own use has an Airbnb/ short term rental 5 months out the year/sometime this year will try BRRRR
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28 January 2025 | 9 replies
The property is being purchased at 103 with an ARV of 375.