Investment Info:
Single-family residence buy & hold investment in Baltimore.
Purchase price: $165,000
Cash invested: $33,000
We just closed on another property, this time in Baltimore, MD! My adv...
Hello everyone! Super excited for my first post. I am a young investor looking to buy my first property after two years or credit building and saving. I’m looking for single family homes to house hack. Then hold as a ...
I was going to purchase my first rental property and I want to make sure I dont create a nightmare situation. These are my HELOC terms:
Assuming an appraised value of $225,000
1st
mortgage set up at $180,000 80%...
Hello everyone. We are converting the upstairs of a garage into a rental suite. Completely renovated. My partner and I are differing on which way to do the layout.From my studies, a true 1 bedroom would maximize our r...
I just got prequalified today for a 100 k loan for my first investment property which will be a buy and hold single family home. This was through security national mortgage company, and not a typical bank. I have a cr...
So my wife and I (just married 3 months ago) are venturing into RE Investing and buying our first Rental Property. We think we found a winner, but we overlooked some things when doing our numbers. The first being putt...
Hello friends of the midwest! I recently used conventional financing to purchase a four plex on the Illinois side of the river, where I am from. I am actually ordering @Brandon Turner 's book on low and no money dow...
Does anyone have a proven strategy on how to utilize $850k line of credit to purchase homes that will provide both profit and cash flow within 1 year? This is for a 2-person small real estate acquisitions and investin...
Hi all,
Currently we are looking at a house that is up for short sale in NJ. The original loan amount was 405k and the listing price for the house now is 340k. I went this weekend to look at the house and it needs wo...
Hey everyone, I'm hoping someone can give me some ideas here to help this situation. Last year, we purchased a duplex in Chicago that we have been house hacking. We are currently finishing the basement reno and will...