Trey Holloway
Financing and Down Payments
Hi everyone. I am taking the plunge on my first STR. I've been checking markets and have honed in on a particular market. I have a realtor I'm working with who focuses on STRs. I'm now looking at the financing. My rea...
Ophelia Nicholson
How I went over budget by 70k on a rehab.
Okay here it is 7 months in the making thanks to @K. Marie Poe @Bill G @Chris ClothierSo this post took me a grand total of 7 months to write.Purchase price $174, 000Hard Money loan $200,000Original Rehab budget $40k....
Kevin Sobilo
Tax Repository Purchase & Tax Assessment Appeal (PA)
In Pennsylvania when a property doesn't sell at the Judicial Tax Sale (Free & Clear Sale), it goes on a list (Repository List) where it can be purchases anytime for a nominal price. When the sale is complete, the ...
Fred Shandler
Help understanding using equity to obtain more props
I know this is a very amateur question, but I don't understand how exactly equity is actually used in (or helps in) obtaining more properties.
For example, investors typically buy at 70% of market value, less repairs...
Joel NA
More ARV formula explanation please
I religiously use the ARV x 70% - repairs formula for any flip that I look into. Completed one last fall and made money. I 've only been looking at cash buys and under 100k houses up to this point.
Because of my wif...
Elijah Skinner
Best state for house hacking if you could move anywhere?
I'm curious to what everyone thinks. Is there one area that is typically viewed as the best option for house hacking? Are there a couple markets?I know the consensus is "The best market is the one you're already in"...
Luc Boiron
Putting together a syndication - Fair to investors and sponsor
Hi all,I have been renting SFH, houses by the room, and duplexes part time since I started in 2007. Now, instead of practicing law, I decided to go into real estate full time.I have been flipping, and have been making...
Hannah Hammond
How would you invest 200k of private money at 10% interest?
Someone who I am close with wants to partner in real estate and is willing to private lend up to $200,000 at an interest rate of 10%. I have plenty of landlord experience in single family homes, but have not yet owned...
Sanjeev Advani
Who's Buying 4-5 Cap Properties?
My question is simple: Who is buying these 4 cap and 5 cap properties? I know its someone because they are being sold... quickly. But who?
Greg Wright
Using a self directed IRA for rehab.
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...