I'm very seriously educating myself on real estate investment. I'm 25 years old with zero capital to work with and my ultimate goal is to build long term wealth (as quickly as possible).
I have heard that a minority ...
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Hi, wanted to better understand the risks of buying a HOA foreclosure in TEXAS. The property I am looking at has equity and only a purchase money loan (1st mortgage).
I understand the basics, Wining the bid, gets me...
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I sold a mobile home giving Owner Financing (OF) (never again will I offer OF). The buyer had the mobile home demolished. Crazy I know. She is now in arrears 3 months and has agreed to deed the land back to me and ...
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I am the 2nd lien holder of a property that is about to go into foreclosure. I have been in touch with the 1st lien holder, and he expects to start the foreclosure process this month. Details below.1st Lien = $195,0...
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We always hear about needing LLCs, Several LLCs, Heck- put every property in an LLC. I've never seen the flip side of that. I want to hear stories of when your LLC actually protected you and how?
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So I have learned that when trying to create a list with owners who have less than 10% equity, I accidentally made a list of a bunch of reverse mortgage owners and mailed all of them. LUCKILY I only mailed one zi...
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Is there a note buying strategy that would be roughly the equivalent of brrrr deal that allows you to retain and reuse your capital? Where do I go to learn more about it?
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Thanks to some of you guys I have gained the confidence to move on and do a little networking and marketing to work on finding some owner financing possibilities. I am going to try and find a lawyer to help with t...
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At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do.
The way I look at it, the company match basically protects my contribution from inflation, and any fund i...
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Hi
Investing with a guy who needs the money to rehab a house. Not a super large amount.
Deed of Trust ties me to the house/title. I am a silent owner until the work is done and we file with the title compan...