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Quick rundown of the scenario: I bought a house outright 1 year ago to fix/flip. At that time I had excellent credit. I paid cash for the house and used credit to pay for the fixing. 1 year later the house is done, bu...
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Hello everyone,
My wife and I are looks to get in to real estate investment within the next year or so. To date we have been Dave Ramsey fans and are totally debt free as of about two weeks ago. Yay! Now we are savin...
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We are in some unsettling times and many of you have questions about financing options available for investors. Others have questions about the lingo/structure of RE financing. Opening up this forum to send me all you...
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Hello my fellow long-term buy & hold -ers. The more I listen and study (from various sources local & national), the more I hear the experts talking about an upcoming downturn in the market. Some folks have so...
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This house barely cash flows. I worry about it being near the peak especially in LV due to the looming recession. With 85k involved in closing, it isn't an ideal time to buy if the market turns against me and I can bu...
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
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I invested in Norada Capital Management and was coming here to connect with others who have invested. Did not receive my payment from Norada this month (June) and just received the following notification in my email....
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A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
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I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...