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23 November 2018 | 3 replies
Having equity in your home is a huge advantage and a great way to access cheap capital to get started.
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20 August 2018 | 2 replies
Also, I am always looking for advice/education on getting creative to acquire anything from 2 units to 20+ units.
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14 August 2018 | 5 replies
It is a suburb in South Jersey along the Delaware River, about 5 miles outside Philadelphia with easy highway access and available public transit to the city.
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19 August 2018 | 4 replies
The Series LLC allows you to do this easily by forming a "Series" (which works like a mini-LLC) for each new asset you acquire.
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16 August 2018 | 18 replies
I acquired 10 loans for a little over $1.6 million with just her income and the rental income as I bought properties (2 -3 per year for 4 years.) 7 were 25% down investment properties 3 were primaries I lived in for a year and then turned in to rentals and repeated.
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10 September 2018 | 13 replies
Also you may wish to check out local investor groups such as Black Diamond REI in southern Mass and RIREIG in Rhode Island.Since you just bought your first property, I would recommend taking at least 6 months, 12 would be better, learning how to be a landlord of your first rental unit before acquiring another one.Learn about renting a unit out, tenant screening, collecting rent, repairs, capital improvements, handling moveouts, etc.
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16 August 2018 | 8 replies
It would have been the buyers choice on how to access the problem and it it an undisclosed material fact possible hurting the value of the property.
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17 August 2018 | 17 replies
SFH that I acquired and managed myself did really well.
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30 August 2018 | 8 replies
You usually won't have access to the HOA or CC&R docs unless you have an accepted offer and the seller's agent should provide them as part of seller disclosures.
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18 April 2019 | 3 replies
Hey Everyone,We're looking for a short-term loan document to outline the terms of a private loan.Without going into too many details, we are in the process of acquiring a new MFH rental property and borrowed about $60,000 from family to be repaid over 10 years with 3% interest.