26 February 2018 | 4 replies
Look forward to learning more and to contribute to this awesome community.Thanks,RomelHi Romel, pleased to meet you.Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, Passive, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, “Subject To”, apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.
6 March 2018 | 33 replies
I blog about them here: https://www.biggerpockets.com/blogs/8160/52878-how...In short, here's is why each is important to us:Cash-Flow: helps push us toward exiting the rat raceCash on Cash Return: I want to do better than the market or other asset types; this also helps ensures we don't use more than necessary funds (leverage) to acquire a property...which I believe is the point you're trying to make.
24 February 2018 | 2 replies
The only thing I can think of is writing in a rent bump of $X/year, but I don't want to short myself in the long run.
24 February 2018 | 1 reply
This would probably require a significant hair cut to make it attractive but would end up with the same scenario as #2 - the ability to complete a full exchange.
11 March 2020 | 28 replies
@Joseph Lee I used to have a lender that would go to 90% LTV, but that was short lived.
25 February 2018 | 12 replies
With my other business something may work great for a short period of time and then not at all later on.
26 February 2018 | 6 replies
My short term goal is to purchase a duplex and house hack it for the first year until I'm able to purchase another next year.
26 February 2018 | 8 replies
We started looking at single family homes as a plan B and have now discovered that we’re coming up short by a few thousand dollars on a 200k home, with 5% down and paying closing costs.
27 February 2018 | 3 replies
Long story short, last night I came across a hidden cookie jar behind the towels in the bathroom.
26 February 2018 | 2 replies
I am hopefully going to be acquiring my first rental unit, a duplex, shortly, presenting offer tomorrow.