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15 July 2024 | 9 replies
However, I don't like this idea because it creates Loan A (the equity you borrow against your home) and Loan B (the purchase of the investment).
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13 July 2024 | 2 replies
Some info:Original property purchase price ~$90k100% cash purchaseLooking to put the proceeds of the sale into escrow account (1031) and use it for a down payment to purchase another property of greater value (say we get $110k from the sale, so we can look for up to $380-400k approx. @25% down payment)Does anyone have any contacts to help facilitate a 1031 in NY?
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15 July 2024 | 15 replies
As you gain experience and build equity, explore leveraging your existing properties to finance additional purchases.
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15 July 2024 | 17 replies
We purchased our first investment property during our time in public accounting and hired property management.
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10 July 2024 | 11 replies
(Not that they actually set mortgage rates - but they influence them.)You now know that as you look at 2/1 houses that anything priced near or above $145,000 isn’t worth pursuing in the short term… so you look for ones that are cheaper than that.
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10 July 2024 | 2 replies
Hi fellow real estate investors, We have a home under contract that appraised above the purchase price.
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14 July 2024 | 7 replies
Maybe % of purchase price (though that would mean low estimates for killer deals, and higher estimates for hot market properties)?
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14 July 2024 | 4 replies
I was considering a 50/50 partnership minus any money invested into the intial purchase or for renovations.
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14 July 2024 | 6 replies
Hi everyone,I am interested in purchasing my first multi fam (8 units) in Arkansas and looking for some advice. 1.
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14 July 2024 | 6 replies
Hi All, We recently purchased a duplex we're planning on house hacking-- we're going to live in one unit and rent out the other.