Looking to buy a brand new house 2023 price is reasonable and charging 0.8-1% of purchase price is do able..my question is financing real estate but my first property is almost paid off and has been an uninterrupted rental for 7 years thankfully 90% paid off, cash is tight...could take out loan against CC at 4% flat to pay off house then maybe leverage paid off rental (private mortgage)?

Purchase price: $350,000 Cash invested: $250,000 Sale price: $2,000,000 Entitled land flip. 70 workforce housing units and 8300 sf of commercial space.

I am currently retired and just purchased my 1st duplex in Upstate NY using a conventional investment property loan. 

The buyers have been paying on time and have not missed a payment since the purchase closed on 7-26-21.

Hi @Maurice Giro it sounds like you would like to get into real estate investing, but you would like to be more passive than active.Just keep in mind that the more active you are, the higher returns you get, and generally speaking, the more passive you are the lower returns you getThere is a hybrid model where you can learn how to find deals that are under market value, build a team that will help you purchase and rehab and rent out the property, and then have someone help you manage it.

Can anyone recommend a mentor for tax lien & deed purchasing ?

Why do you think purchase contracts are so long and have such small print?

Hello Wholesalers,I have a list of buyers ready to purchase any property quickly.

Also, you must familiarize yourself with local laws and regulations regarding STRs to avoid purchasing in areas that are not STR-friendly, which could save you from legal headaches and poor investment choices.Another critical strategy is staging your home to appeal to your target guests.

(Prepare a purchase agreement, have the seller call the bank and tell them it's in escrow.