Delanda Lewis
Looking to connect with Buy and Hold Investors!
Would also be interested in knowing what equity is considered to be a good start when buying, and what kind of COC return is acceptable for most? I have a deal under contract now with $33k in equity, and its looking l...
David Ferrette
A BRRRR Rental to Rehab in Kyle, TX
Completed my second BRRRR a few months back. It wasn't quite as good as my first one but it is a step in the right direction:
Purchased: $185k
Rehab: $15k + $4500 in closing on the refi
ARV: $232k
Rent: $1550
...
Brian Carignan
Anybody gonna be buying REIT's tomorrow?
With all that has been going on and last weeks drop in the markets, seems like a great time to get into REIT's, espcially for a short term hold 1-2 years. I got into other stocks during the first COVID hit and intend ...
Suzanne Lewis
HELOC on a rental property
Where should I look for banks that do HELOCs on a rental property? We just turned our last townhome in to a rental. We have about $250k in equity and would like to have $100k open for future opportunities and as an ex...
Kenneth Kussman
What are the benefits of homesteads on real estate?
What are the benefits of homesteads on real estate?Is homesteading suitable for investment property & my personal residence?Thanks
Michael Dunn
TAXES on Profits from when ......
What is the % of Taxes that you pay, if you:1. Buy a Property and then Refinance it after the Repairs, to keep the Property as a Rental.Say once you refi. into a Conv. Loan at 80% , that there was $20,000 Left over i...
Will O'Kane
Make the most of a Century City Condo
Wife and I have a condo in Century City. We have over $300K in equity on a $550K mortgage. Comp properties are selling for around $700K in the area. Property provides nearly $1K in cashflow/month (which we love), thou...
Andrew Witmer
Closing on my first deal TODAY!
Hey everyone! I’m excited to announce my first deal is coming to fruition today! I used a USDA (no money down) loan on a HUD foreclosure that only needed a few thousand in cosmetic repairs/updates. Earned 30k in equit...
Bruce Harding
So BRRRs Over Time of Investment
Am I getting this right ? Start with one, work up to 10 , equity in each, collecting rents on the way.Starting wtih enough of your own cash for one or both units....So lets say 30K equity after refinance in each pro...
Deangelo Mack
Can Someone Vet this deal for me
I need some help vetting this wholesale deal. Im dealing with a seller whom wants 75k for his home. The ARV is some where between 120-130. No mortgage or other liens. 1000 earnest. He already has had the home appraise...