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This new Fannie and Freddie fee of 1/2 of 1% of the loan value is going to be a bummer for BRRRR. However, this will have a far greater oppressive effect on low-income families. If you feel this new fee is out of li...
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So I looked at a Fannie Mae REO today that it looks like a home run. House needs extensive work,(right up my alley!) has great potential! Its been on the market for 2 months and they still have it listed for twice o...
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I’m closing on my second rental house this month and after using most of my cash on hand I want to continue building my portfolio with buy and hold properties but how do I manage to finance the next without down payme...
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I put out a small direct mail campaign last month, which has produced about a dozen leads. I targeted high equity out of state absentee owners in my area. Most of them do not seem to have the motivation that I seek. H...
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My wife and I are both doing pretty well financially and with our careers, but my credit is a bit shaky while her's is in the 700's. I'm trying to get involved in buying rental homes for cashflow, but I'm pretty confi...
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Hello! I am from SE Michigan, Detroit metro area.
I have been so obsessed with real estate for a long time and am now ready to start investing. I’ve done a crazy amount of homework and research and feel confident en...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $650,000
Cash invested: $65,000
Buy-and-hold house hack in Chicago's Lakeview.
How did ...
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I've found what I think are great deals, but I'm not confident in my comps. Trulia and Zillow are not giving me a consistent number. What tools do you all use? How can I get an accurate number for the ARV?
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View report*This link comes directly from our calculators, based on information input by the member who posted.Home located in Richmond VA, c class neighborhood, meets 1% rule. Neighborhood seems to ...
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Hello from Tampa, FL, friends!I'm brand new to the world of REI (and to this forum), and just wanted to connect with other like-minded individuals who are just starting out. I don't yet have any experience, but I'm fe...