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22 May 2021 | 6 replies
On a side note, I just learned you can use a high equity single family home as a down payment to purchase a multi-family home.In 2021, I learned about commercial multifamily and realized with just 1 deal, I can essentially leave my W-2 job.
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24 May 2021 | 13 replies
If you were doing more than the employer match then yeah maybe bring it down to meet it.The biggest thing is that while you are still in your corporate job get that essentially free money.
22 May 2021 | 5 replies
It is the selling price (less. closing costs and fees) minus your purchase price along with capital improvements you made (new roof, bathroom, etc).You cap gain/profit will be less than the $28k difference.
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22 May 2021 | 2 replies
It is a 2 bedroom one bathroom and I am asking 110k.
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4 June 2021 | 5 replies
The place has been recently flipped so new bathrooms, paint, floors.
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22 May 2021 | 0 replies
new HVAC, electric panel, recessed lights, added bathroom, tiled bathrooms, opened up kitchen, new cabinets and appliances, granite counter tops, refinished floors.
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26 July 2021 | 23 replies
I've also bought larger properties and did a full gut/remodel so they are essentially 80-90% new construction and they rent just like new construction, just in established high demand areas.
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22 May 2021 | 0 replies
Purchase price: $80,000 Cash invested: $40,000 This was a 1 bedroom 1 bathroom fix and flip using the house hack strategy.
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23 May 2021 | 2 replies
Having a strong support group is essential when taking on these projects.