William B Mcelmurry
Multi homeowner land purchaser
8 October 2024 | 0 replies
My father even brought me along to ask for private money lending at peoples homes. 005 bought my first home in Louisiana, turned into a rental and moved to Fort Worth Texas and bought my first brand new duplex in 2008.Educated myself and bought real estate investment courses and settled on Armando Montelongo‘s flip this house completed that course and bought my first 2 fix and flip in 2009 sold one in 2009I did not farewell during the housing market crash, simultaneously lost my job due to the Event Horizon oilfield disaster.My lovely wife and I now purchase real estate in San Jose Del Cabo Mexico with our cash and build with our money as well.
Matt Said
Implications of exiting a 1031 Exchange
7 October 2024 | 4 replies
If the property is sold at a loss, can you unwind a 1031 to off set the gain on the sale of initial property?
Brian J Allen
Mortgage Payments Are Outstripping Income Gains
8 October 2024 | 2 replies
The disparity is even more alarming in Worcester, where median income has grown by 19.7 percent, while mortgage payments have surged a staggering 82.9 percent.It’s no surprise that home prices in Worcester have risen, but I didn’t realize the jump was so dramatic.What I’m seeing on the ground is that many of the buyers for multifamily homes (multis) in Worcester are coming from the east—places like Greater Boston.
Millar Mcallister
Investing in gary,Indiana
8 October 2024 | 11 replies
You need to be on the ground and get a feel for the block and neighborhood.
Irina Badal
Home equity loan vs cash for down payment
24 September 2024 | 4 replies
Do I understand the interest rates and terms for the home equity line of credit?
Rheis Cloutier
Financing through HELOC
26 September 2024 | 2 replies
I was hoping that someone could explain this method a little more in detail as I have really only heard the few soundbites on Facebook Reels and whatnot.
Rohit Dhing
First flip / Dallas, TX / Need advise
7 October 2024 | 3 replies
Hello, fellow RE family.I just completed my first flip in Sachse, TX (a suburb of Dallas) and only have a few final touches remaining, with the decision on SOD being a high priority.
Ian V.
Can I rent out multiple bedrooms of a house separately while living in another state?
7 October 2024 | 5 replies
However, the ROI on the cheaper house seems kinda low if I rent out the property as a whole.
Raghul Manoharan
Rent vs Sell Primary Residence
7 October 2024 | 4 replies
I am willing to manage it on my own.If I sell, I can put it in an index fund or towards my current primary residence mortgage with an interest rate of 6.125%.
Greta Andrews
REI vs Acquisitions
7 October 2024 | 6 replies
I've always planned on purchasing a bigger multifamily (20+).