In approx 18 months I intend to invest in multifamily as an active investor. I will have access to ~1M in cash for down payment and closing costs (I would also have reserves, separate from this capital). However, as I...
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...
I have acquired my 1st rental property! I'm wondering if this is a good deal & if the numbers are profitable or if I should invest somewhere else?
It's a single family house. 3/2/2 1000SF. Bought for $160K cash, ...
Pros, cons?
The realtor I work with found a foreclosure that looks promising if I put in the work. I went for a viewing yesterday, and it needs a bit of work but I can see the potential in it if I buy it for ...
When it comes to tax and financial planning I am dumb as a stump!
I always find out about tax consequences too late.
By way of an example, a few years ago I had a substantial amount of fully vested c...
If I own a duplex by myself, a 4 family with a partner, and a 12 unit syndication with 3 other people...
Do I own 18 doors?
Do I own 7 doors (2 + 2 + 3)?
Obviously ownership isn't split up this simply or evenly...
HELOC or Cash out Refi? This may be a dumb question, but just wondering which one is better to use? Which one is a cheaper way to do it, or are they basically the same thing?I currently owe $176k on my primary resid...
Syndications and passive investing are frequent topics of discussion in the forums. Over lunch yesterday I was discussing with a friend how the business has evolved in recent years. The conversation began after we co...
Hello!! My husband and I decided to get into real estate investing and pulled out 100k to start the journey. I don't know much but just started listening to every podcast I can and it seems I might have picked the wor...