I own 2 rentals with the second one just coming to market. Total investment of my own money is $25k, however I have borrowed $55k at 8.5% interest only through a private lender, and have another $30k between (2) 0% c...
Happy Monday, All! I am starting real estate school this evening. Wish me luck. I am super excited, although i might want to die after the six weeks is up. I work full time, have a 9mth old and 3.5yr old, a husband...
Hello all,i have seen few threads here mentioning it's too hard to have cash flow positive properties.i am looking at listings on Zillow and there are bunch of $100-150k 3 bedroom properties. According to zillow rent ...
Does anyone know of a lender who will provide a HELOC on a primary residence in the 3rd lien position? The second lien is from some downpayment assistance, and it will be forgiven in about 8 months so I'm not interest...
I have an investor that just signed a purchase agreement with a seller. The investor agreed to put 300 down and the seller carry a loan for the remainder. After the purchase agreement was already signed, the investor ...
Good Day BP,
I am currently looking for advice/ideas on how to prepare for what the world is going to be for the next couple months. My questions below are the thoughts I'm trying to figure out at this time:
What ha...
The SBA has drastically reduced their requirements for acquiring a small business disaster relief loan.
https://www.sba.gov/disaster-assistance/coronavirus-covid-19
I know there are a lot of locals here on the Austi...
Hello,
Im going to be in a situation this coming year of having a positive cash flow from my rental properties and had a question im hoping can be answered on here...
Will my positive cash flow from rental property ...
I have been reading a lot recently about how hard it is to buy a property in New Jersey that produces adequate cash flow or even positive cash flow.
I am about to make an offer on a property in NJ and so this sentime...
Hi All,I'm considering lending money to a turn-key company in MO for an APR of 10% paid monthly with all funds to be returned after 6 months with possibility to renew.They've given me a promissory note which contains ...