Account Closed
Where do I stand in my current lease?
28 May 2018 | 0 replies
Another week goes by and I didn't receive the new lease.
Kyle Granes
looking to invest so i dont have to work anymore
1 August 2018 | 10 replies
Here' how I would do it with $100K using a BRRRR Strategybuy a 4 Plex for we will say 250K / 20% down = $50K DPPut $20K into renovations, it helps if you can do some or most of the work yourself (Sweat Equity) Rent out three of the units and house hack by staying in the 4th unit so essentially you would have $0 living expenses if done properly.Get the property appraised after making the renos, we will say it gets reappraised at 325K.Refinance for 75% of the new appraised value (325K*0.75)= $243,750KPay back the original mortgage of $200K You end up spending $50K DP + $20K Renos = $70k to get the property and you'd get back $243,750K - $200K (original mortgage) tax free back plus $81,250 in equity in the home that is tax free as well since you'd be getting refinanced at 75% of the total mortgage you'd receive the remaining 25% equity in the newly appraised value of the home ($325K *0.25) = $81,250 in Equity plus $43,750 in cash.
Alex Silang
Starting a turnkey provider
31 May 2018 | 10 replies
Even if you find Memphis invest to be expensive for investors, one thing is undeniable: They know their stuff and do an excellent job, albeit expensive.
Ari Newman
new member from Atlanta, GA.
30 May 2018 | 6 replies
Whichever provider you consider, just be sure to consider the total delay in receiving your funds.
Jonathan Clark
Questions on cash out refinance of warehouse property
3 June 2018 | 3 replies
I have excellent credit and no debt except real estate.
Austin Petrie
Should deals be analyzed using IRR or MIRR?
30 May 2018 | 8 replies
Also, excel gives us IRR, xIRR, MIRR, xMIRR, so convenience definitely plays a role.
Account Closed
New member from in DFW area (Networking, BRRRR, and Partnerships)
29 May 2018 | 0 replies
Also tired of spinning my wheels with farming neighborhoods.I do have a question...is anyone working with any lawyers (or that has in the past) that specializes in probate law that receive any leads?
Logan T.
Rental Increase for Sec 8
29 May 2018 | 3 replies
I have a duplex that currently has 1 tenant receiving a partial Sec 8 voucher.
Richard Russell
which is better for a seller: FHA or conventional
29 May 2018 | 8 replies
condition is not poor but is not excellent either, i just don't want to get bogged down with alot of nit noid items that come off my bottom line.
Mark Robinson
401k Self Directed Checkbook Profit Sharing SOLO CHIME IN PLS
30 May 2018 | 14 replies
@Dmitriy Fomichenko can share the requirements on this one, I don't have a SDIRA, only the solo k and can't remember what that one entails.The good: an excellent way to invest in real estate.