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6 July 2024 | 2 replies
So when you have the banks not lending and supply skyrocketing, the natural result is home prices go down until the supply eventually went away when people with cash started to gather up the supply.Today the market is different.
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7 July 2024 | 35 replies
PA written up for cash to get offer accepted then switches to a mortgage with 2 lien positions so the Title Co loved that of course.
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5 July 2024 | 8 replies
Bring more cash to closing, addendum that specifies how much the seller would receive should the property be sold, etc.Any insight on this situation would be greatly appreciated.
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5 July 2024 | 73 replies
Seems like automatic cash flow.
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5 July 2024 | 2 replies
In 2023, I received orders to relocate to Beaufort, SC, and was able to rent out my NC home immediately, generating approximately $500 in monthly cash flow after accounting for property management costs.
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8 July 2024 | 27 replies
Or was it purchased in all cash?
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5 July 2024 | 11 replies
I will be paying cash for my 1st property.
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5 July 2024 | 0 replies
Purchase price: $38,000 Cash invested: $25,000 2 story 3 on 1-1/2 with an unfinished basement and 2 car garage.
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5 July 2024 | 0 replies
So, here at the 6 month check in, here are the things I've been doing since January 2024: *Anchored everything to my WHY, including the motivations and long-term strategy *Joined a local REI group hosted by my church*Researched tax lien investing in Harford County, MD and decided to not play in that space this year*Read a few REI books (Rich Dad Poor Dad, One Rental At A Time, Building Wealth One House at a Time, Wealth Without Cash, Building Real Estate Wealth in a Changing Market)*Subscribed to a bunch of good YouTube channels (BP, ORAAT, Ken McElroy, Coach Carson...)
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2 July 2024 | 16 replies
Technically, if you put 50-75% down almost anything would cash flow but then you would be cash in heavy.