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15 May 2024 | 4 replies
Does anyone have any tips on how to buy my first property without paying all in cash?
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15 May 2024 | 9 replies
The fourplex brings in only $100 in cash flow and has no equity yet, but there's potential for growth due to upcoming opportunities in the area. what real estate niche are you in and why
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16 May 2024 | 15 replies
If we Just rent one room out, it will cover our mortgage and utilities and still some cash flow.
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15 May 2024 | 8 replies
So I'm curious to know which way is better.So let's say I have $100k cash and I can either put 30% down on $100k duplexes, or buy 1 in cash and then BRRRR.
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15 May 2024 | 9 replies
I ended up negotiating the price down using cash and got the property literally for 50% off the list price.
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16 May 2024 | 1 reply
I live in Phx,az and recently friend of mine sold his bank (ex bank of america) literally as is and profiteed $300k , he purchased it right out cash last year (I think) and it was in real bad shape in a shady part of town, before him taking possession of the bank homeless people where living inside it an using the bathroom anywhere in the building, he put maybe less than $5k in just cleaning it up and just a couple of days sold it.Basically the idea is to find super cheap homes in ****** conditions but the price is so cheap that you could still make profit by selling as is, investing as little as possible..
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16 May 2024 | 6 replies
If it cash flows solid after detailed UW and it feels good, go for it.
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16 May 2024 | 1 reply
The below terms are live as of this date, for a rate and term refi (no cash out).From left to right:Points: 1, 1.25, 2.Prepayment penalty: 10 years, 3 years, 5 years.Commentary/review, hopefully this thought process is useful when evaluating offered terms for a maturing commercial mortgage that needs to be refinanced.
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15 May 2024 | 12 replies
I was considering purchasing a single rental property with all cash to maximize cash flow.
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15 May 2024 | 12 replies
I Don't have much cash to work with, so I'm trying to figure out my options.