OK guys, I'd like your thoughts on some numbers that I'll list below. The complex is a 28 units total consisting of 14 buildings with two (2) 2/1 units in each. The roofs have all been done around 2003 and most of the...
Is this a sound investment strategy?
Acquire a building . We get a hard money loan for 50%-60%. We then ask the seller to carry a note for the other portion. Of course we will have points and other costs. We then...
Please help! I really need advice from seasoned real estate investors about the type of real estate and investment strategy to pursue: Here's some background info:
- Single mom & full-time caregiver to special nee...
San Diego CA
My father passed away a couple of years back and we recently finished distributing his estate. My father left me a $300k condo that I am in the process of selling this spring.
I don’t know what would ...
I looked at a single story 4/2 ranch style home with a garage that is currently listed at $89.9k, and was originally listed at $100k. The house was built in 1978 and looks to be in good condition, with some improvemen...
Thinking about purchasing an investment property.
I can get a VA loan that will buy up to a quad without any money down up to about $125k. Loan would be at about 4 to 4.5%.
I can get a bank loan with 20% down. Onl...
I was talking to an investor friend today and he mentioned that he really slowed down the last two to three years. know that a lot of folks who post heavily in current times are likely active and building aggressivel...
Hey guys just joined the site, love it! Was wondering if you would suggest buying a house for yourself first vs renting Or buying a rental property first? If buying a home for yourself first would the bank let you bu...
FIRST OFF- I am Furious. But most importantly- It Is My Fault. Ultimately can't blame anyone else for poverty but oneself. But Truthfully- few things are lower in humanity than Rich People saying "Come to me instead...
Last year I purchased my first piece of commercial real estate. I was very excited to start getting some monthly passive income, however long story short, the whole deal was a sham and I was left with a building gener...