BACKGROUND:
COVID-19 has created a state of chaos never seen before in the modern world and as we dream of getting back to “normal” there is an unsettling reality of what exactly “normal” will look like on the other ...
I was 100% fully approved to do a HARP refinance with Citi, to the point that their notary was in my house, in my kitchen, with all of the docs, ready to sign. There was only one problem, an issue I addressed with 5 p...
Hello hello!My name is Ryan. This is my adventure through the trials and tribulations of my real estate investing business. I began with absolutely zero knowledge, and this live diary will chronicle my expected mistak...
Hi, I'm new to real estate investing and I'm really interested in out-of-state real estate investing since I live in New York. My question is, should I find a mortgage broker or lender in my area to get preapproval o...
To start I currently own 6 SFR that I self manage.
I found a duplex in a town that I work in 30 miles from my home and where I currently own all my rentals.
1 bed 1 bath on each side
Current asking price 19500
...
We are under contract to purchase a SFH in St Louis as rental property from a turnkey provider (Memphis Invest/REI Nation) for $125k. After a low appraisal ($70k, later went up to $90k upon contest), we changed lender...
Hello! I'm excited to say I closed my first REI three weeks and will be house hacking in a two-family home. I'm in central CT and real estate prices are nutty. Crazy as it sounds, this house I bought was the first one...
Is simply applying the 50% rule running the numbers? In other words, can I simply calculate what my P&I will be and as long as it's 50% or less of the expected rent, then the deal has potential? Can this replace...
Hot off the press from the most accurate RE site in the world. By the way I on my next flip tomorrow;) However I will say that if you are not aggressively looking for a flip almost daily, you won't find one. Higher ho...