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7 November 2024 | 7 replies
Hello , I have a rental property in memphis and now planning to get second one.I need to understand if I cash-out-refi my first property and put the cash downpayment on second one , Should I consider that as 0% downpayment Or 20% downpayment to calculate if the numbers make sense.Also suggest if I should do it at this point or wait some more time.
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8 November 2024 | 3 replies
Holding onto it is a smart decision, and you're entering property investing in a solid position.To get started, focus on ensuring that the rental income will cover your mortgage, taxes, insurance, and any maintenance costs, leaving room for profit.
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7 November 2024 | 3 replies
Hey everyone,I thought of this hypothetical scenario where I would do a seller-financed deal on a property valued at $250,000.
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7 November 2024 | 11 replies
Are you currently focusing more on residential or trying to transition fully into real estate investing?
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7 November 2024 | 2 replies
Some are disclosed on the site, but it's not guaranteed they are all there.
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25 October 2024 | 12 replies
I see an NMLS ID, and OR lic ID on closing docs, but company is based on east coast.
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7 November 2024 | 2 replies
The description talks about the buyer assuming the Point of Sale, so I would assume there's a decent amount of violations on there at this price, but if not, it looks like a pretty good deal.
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7 November 2024 | 1 reply
Purchase price: $381,600 Cash invested: $531,600 We purchased this adult care home for $381,600 on the market.
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9 November 2024 | 1 reply
My initial thought is to invest this into the stock market (Amazon, Tesla, Google, etc...) and keep doing that for the next two distributions as well, ultimately pulling it all back out, plus the earnings (hopefully) in 3 years time to purchase a house.Based on the plethora of experience in these forums, does the above sound like a good plan?
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7 November 2024 | 1 reply
Hey everyone,I am looking to get in on my first deal.