Chris Johansen
JV best structure
10 December 2024 | 7 replies
Traditionally I have sold the builder land and loaned him the money to buy the land and build the house with us splitting up the profits when it sold.
Blake Grzybowski
Can't find Pre-Foreclosure Properties
15 December 2024 | 8 replies
This is maintained by the specific attorney’s office for the specific foreclosures they are performing.Although very profitable, Foreclosures are a poor choice for wholesaling, unless you have substantial capital.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
I am at 4 now and hoping to average 2 more per year yet ready to quit my traditional job ASAP.
Garrett Matthew Hester
Cash out refi to turn current home into rental and use cash out towards new home
9 December 2024 | 4 replies
Keep in mind this will be at a much higher rate than your current 3.2% interest rate, so I'm not sure if paying off the existing loan is a great choice.
Nelson Badillo
Need advice on Housing Choice Voucher Program (Formally known as Section 8)
3 December 2024 | 6 replies
I recently just purchased a duplex and plan to rent out one side for section 8/VA VASH program. One thing that enticed me was the potential for higher rents by honing in on the SAFMR and the zipcodes. However, after c...
Bob Avery
New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 7 replies
I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.
Corey Goldstein
Satanic Rituals In This House!
15 December 2024 | 19 replies
Ah, the beauty of real estate: no matter the horrors a house has seen - satanic rituals, questionable paint choices, 1970's wallpaper - everything cleans up.Bloodstains?
Corey Sands
5 Unit Rental Funding Issue
7 December 2024 | 4 replies
Yes, most large traditional lenders only focus on 1-4 units and other properties that fit into a box.
Matthew Posteraro
Long Term Rental Analysis - Multifamily
12 December 2024 | 6 replies
That said, I completely understand your concern about deals looking "too good to be true" when you’re putting in 50% down.To avoid this, it’s best to analyze properties as if you were using more traditional financing (20-25% down).
Sino U.
If you were to start now, where would you choose?
11 December 2024 | 12 replies
You might spend between $5,000 and $20,000 on furnishing the unit, depending on your choices.