2 August 2018 | 2 replies
Where’s some of the best places to find real estate to invest in and have a positive cash flow and good equity and return?
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2 August 2018 | 1 reply
Because it often has an interest rate of 15% + and every dollar you put into that is essentially a guaranteed 15%+ return.
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8 August 2018 | 8 replies
You can always go to your bank and have them send a denial letter for the loan, saying that they will not lend you the money due to the property not appraising for the value originally applied for. they then have no case against you and also have to return your earnest money.
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3 August 2018 | 2 replies
If you send your go-to lender your most recent tax returns and mortgage statements for each property, he should be able to work it up in like 10 minutes (assuming your property taxes and homeowner's insurance haven't changed significantly since you did your taxes).
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12 December 2018 | 15 replies
The deal seems to be working, but I’m not learning as much and the returns don’t look like they’ll get me out of the hamster wheel.
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21 November 2018 | 10 replies
Contractors struggle to return phone calls so I was persistent ins asking my realtor for multiple contractors.
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15 August 2018 | 6 replies
Brandon's plan "How to make $1 M", is based on 50% cash on cash return "after all expenses have been paid including" everything.
4 August 2018 | 3 replies
Should I get more cash flow from day 1 but have a lower CoC return (~$200/month NOI with about 20k left in the deal)ORShould I BRRRR and try to get all my money back out of the deal so I can increase that CoC return, at the cost of the monthly cash flow (~$10/month NOI with zero left in the deal)?
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11 August 2018 | 7 replies
I knew this would be an advantage going in, but I didn't understand back then how much of an advantage it was, or rather, how we could maximize this advantage as a mom-and-pop investor team.Our current plan, given the phenomenal appreciation of the property, is to move into it ourselves at some point and do a live-in flip, then use the cash to buy more rental properties that would offer us more of a return for the cash that's in the place and the gain that we can get out of it.
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1 September 2019 | 10 replies
I've been investing in the Detroit market for years and the returns are very attractive.