Account Closed
CD's used as collateral for flipping
I spoke to a local lender who told me that cd's could be collateralized for loans of 80% total ARV. With the cd as collateral they will quick cut checks for the re-hab per your own draw schedule. This was exciting to...
Eric Madigan
Advice for a young investor
Currently I am 25, I have a good stable job and I bought a townhouse about 6 months ago. I rent out the other part of my house and pay about 1/3 of my current mortgage. I'm looking for advice to figure out what the ne...
Evan Rumble
Who do I need on my "team" for my first investment?
I am moving towards my first real estate investment (House Hack). Up until now, I have been in the process of educating myself to the best of my ability. I am currently in the process of solidifying my financial plans...
Theresa Reynolds
Shop to house conversion
Have my eye on a 2 lot package in a desirable area.On lot had a mobile home which has been removed but there is a cement pad still. The other lot has a CMU garage/shop on it. My plan is to turn the shop into a house.I...
Greg Teamann
1st deal done - lessons learned
I started learning about the business of real estate since May 2018 and recently closed on my first property in October 2018 and am about to officially become a landlord by signing my first lease in 2 days. BP has be...
Aj Parikh
First attempt at Out of state BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $109,500
This property would be my 1st attempt at a BRRRR as well as an out of state BRRRR.
What made you in...
Xai Xiong
Ready to start buying and rehabbing!
So my financing is set, I have a handyman but should I get a general contractor or should I manage subcontractors myself? Some criterias:100k and down for purchase priceSFH located in the Minneapolis and St. Paul area...
E J
Equity and Different Solutions for Homeowner
Ok, so I'm trying to figure out what I'm going to say to homeowners after they give me their property information. It seems as though the level of equity in their property has a big impact on what the seller's options...
Zach Whitt
Small Industrial Land Purchase/Build Loan Options
Hey all- I'm in the process of (hopefully) buying a small piece of land for my business. I've done some residential investing and remodeling, but never anything on the commercial side. My primary question is how to fi...
Fred Kite
Florida tax liens
I'm considering bidding on some tax certificates in Florida.Does anyone know what the typical winning interest rates have been over the past few years?This is my first foray into this. I can borrow funds at 1-2% over...