
3 June 2021 | 3 replies
Soak up everything at your job because the problems they are solving are complicated and too hard for most people so if you are able to do that you will have a great real estate career!

5 June 2021 | 63 replies
But I’m young, have a good career lined up, so I’m willing to take the risk ASAP when I graduate.
12 June 2021 | 3 replies
When you hear about tenants not paying the rent due to Covid, this is the tenant pool they are talking about.Permanent - This tenant pool could be hourly or salaried, but they earn well above minimum wage.

10 June 2021 | 25 replies
Pairing your capital with seasoned investors and earning while you learn can be advantageous, to say the least.
3 June 2021 | 2 replies
Best of luck in your growing career!

30 July 2021 | 3 replies
Lot's of associations have restrictions on rentals which would severely limit your earning potential/ability to rent at all.

6 June 2021 | 7 replies
Slightly riskier depending on your budget but it's much more streamlined and you could earn some awesome points!

3 June 2021 | 0 replies
In Chicago, for example, a family of four earning less than $75,000 would be eligible.Additional eligibility criteria include:The loan must be for a 1-unit single-family home that is owner-occupied (this disqualifies rental properties and investors) You cannot have missed a mortgage payment in the last six months, or only missed one mortgage payment within the last 12 months Your loan-to-value ratio should not exceed 97% (that means you need at least 3% equity in your home) Your debt-to-income ratio should not exceed 65% You must have a credit score of at least 620 How are these new refi options different?

3 June 2021 | 1 reply
Therefore, my net gain after the sale, and paying off the existing mortgage, was $10,261.Summary of NumbersBelow is a summary of all the numbers.Total Invested of my Own Money = $0 (given I used a HELOC to fund this investment)Total Earned from Sale / Refi = $20,342.62Total Cash Flow = $1,047Total Earned = $21,389.42Why I SoldI currently have another investment opportunity I would like to capitalize on.In addition, given the age of the property (built in 1897), I could not see myself holding this rental another 30-50 years without significant capital expenditures, that were in excess of my original assumptions.Finally, I thought that this may be a better than average time to sell, given the current housing market.

7 June 2021 | 14 replies
It doesn't have to be a career, you can still search for an engineering job at the same time, but there's no reason that anyone should be unemployed right now.