My wife and I own a 3 family in Newark NJ that we bought using an FHA loan (3.5% down) 3 years ago. We currently live in one unit and rent the other units out. I have a loan balance of approximately $410K and pay $270...
I'm ready to get of the couch and get over whatever they call it analysis paralysis. I want to get my phone ringing. I really want to target vacant homes and foreclosures or homes in this category.z What is the fastes...
Hello everyone,I have listened to a lot of podcasts and read some books and want to start making moves in real estate. I currently am stationed at Pope AAF (Ft Bragg) North Carolina and am interested in investing in M...
I am looking for single family homes to purchase, clean up (rehab) and rent. My long term exit strategy is to sell the property within 5 years. But during the 5 years that I own it, I will look for positive cash flow ...
I purchased a condo all cash in 2014 as a buy and hold. I quit my full-time job and now do real estate full-time but don't have the two years as proof of income to pull the cash out of the home to buy my next property...
Hi all,As you see from my subject line i have a quick question about IRA's. Does anyone have any experience using an IRA to fund a deal? I've read that you can take up to 10K out for your first home purchase. Can some...
Hello BP,
Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...
We have placed a pre-auction bud at auction.com and have a title insurance question. Reading a lot of posts have not answered ours.Auction.com states: "Buyer may receive a Special Warranty Deed or equivalent if Buyer ...
Curious.. anyone here interested in credit card signing bonuses?
Hello All,
I'd like some advice on selecting a real estate firm to join as I've recently completed the Massachusetts real estate salesperson examination.
I have a couple Brokers in mind but I want to make sure I'm ...