Alvis Jenkins
Offering Owner Financing
8 March 2024 | 1 reply
The rental comps would bring in $1200 - $1500 profit per month (the fixed interest rate is very low).
Ardian Selimi
22 with 200k liquid looking to get my first property
8 March 2024 | 31 replies
I have 200k in liquid cash (yes this was self earned thru 5yrs of sacrifices and hard work 12-16hr days 7days a week with maybe a month in the summers as break to see family back home, but i dont want to do this forever) My dad and I want to be partners going into these deals. there is a new construction 4plex i am looking to build which will be 775k that i will put 25% down (half me half my dad) which will cash flow net 2k /mo if i rent it out LT (COC of 11% which isnt bad and apparently my agent who recently worked on a neighboring new build said the appraisal after its built is mid/high 800s, also my plan is after 2yrs to REFI at lower rate). i am considering to have 2 of the units as MTR for local nurses or construction crews which of course can increase profits much more. i also have a 3acre property that i am thinking to build small 2bd 1ba cabins and use as STR/MTR/LTR. but i am also wanting to do do STR as i love the concept and have watched Robuilt everyday learning from him. i am looking to buy land in a mountain/ski town (189k 10acres) and build a beautiful aframe and use as a STR. all these property ideas are close by to me so i will have a close look on them and will manage myself. i have just been consuming knowledge endlessly the last 3months in preparation for this decision.but as you can see my head is all over and im unsure what the correct first step will be. i have many goals and visions of what i want to do i just need some help making a correct first decision on those who are far more experienced than me in this real estate space so i use my capital in the most efficient way. i understand real estate is long game and i have no issues with that but i would like to at a minimum cashflow 100k a month by the time im 30. this is a big goal but i have 8yrs to do this. thank you for your help i look forward to the responses(side note: i am not considering house hacking as i live with my family, this will possibly be an option in the future)
Angelo Llamas
Areas good for investing
8 March 2024 | 11 replies
There is government data online to see where good schools are, low crime rates, and desirable city amenities.
Darius M.
Refinance Two Flat
8 March 2024 | 9 replies
You may get higher with DSCR loans but expect upfront points and a higher rate
Nolan Mahoney
DTI is too high after buying a house?
8 March 2024 | 9 replies
Hello, this lender at gaurenteed rate says my DTI will be too high AFTER i buy this SFH (with FHA) that i will turn into a rental later.
Ashley Guerra
interviewing buyers agents in nj market
8 March 2024 | 5 replies
Due to recent changes in commission rates, many buyer's agents are asking the buyer (you) to pay the difference in commission compensation.
Thiyaga Rajan
Investing in Manteca CA
6 March 2024 | 4 replies
The rental market has been great for me....I only have turnover every 3-5 years, and last one was 1.5 years ago and I got a ton of inquires, and the rent has continued to rise quickly.
Geoff Stuhr
South Dallas Market
8 March 2024 | 8 replies
Please tell me where interest rates will be when you finish your construction loan and need to put in permanent financing?
Dave Hart
Guidance on rent increases
5 March 2024 | 10 replies
Its completely plausible that your expenses could rise at the same time as rents actually go down!