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10 July 2024 | 8 replies
I am a real estate rookie looking to invest in BRRRR and Buy/Hold strategy.
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10 July 2024 | 256 replies
I can say that I probably wouldn't have started buying notes without his class.
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10 July 2024 | 3 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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10 July 2024 | 24 replies
I had difficulty with moving enough money here to buy real estate.
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10 July 2024 | 10 replies
to give some feedback, you will need to estimate the cost to repair the house; if you don't know how to do that, we just need some information of what the house needs and the sqft of the propertyIf the house is, as an example, 2500 sqft, and It looks like you are stuck in time back in the 1980s, but the AC is working, the roof is ok, and there are no foundation, plumbing, or electrical issues; I can assume maybe a $20 per sqft, so the rehab is about $50K to 60KIf the ARV is 290K minus 10% closing/holding costs, - minus 20% profit - $50K rehab, ideally, in this example, I need to buy the house for about $150K to flip it, but as a landlord, I may be able to pay a bit more, as long as rehab is not too much, and rental is about $3,000 to $3,500 a month
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10 July 2024 | 1 reply
@Matt DornakWhat is the specifics- If it’s selling a property to buy another there could be programs that work but other than that, no owner occupied loan to delay financing
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10 July 2024 | 5 replies
It seems all the rules regarding what to buy and how are relatively clear.
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7 July 2024 | 1 reply
We've found the majority of large balance HELOC's or fixed second position mortgages are intended for acquisition or reinvestment towards property that might require new or replacement financing.
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10 July 2024 | 2 replies
Investment Info:Single-family residence buy & hold investment.