As we are getting into REI I assumed we would do traditional financing but as I am reading and learning, I am more interested in creative financing. Right now I am looking at an 8plex in Colorado and considering broac...
I want to buy a distressed property, rehab it and then rent it out. Is it better to get a first loan for 75% of the ARV with hard money for 60 days, pay the sales price and use the delta (and any extra personal cash i...
Hi Everyone, I bought a triplex in Brigantine, NJ (Island town right after Atlantic City) with the purpose to STR all three units. My realtor just put in my ear that another option I have is to condo convert all thre...
Curious to hear any opinions on the implications of this article. http://www.truthdig.com/eartotheground/item/beware...
When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...
Hello everyone!A good friend and I are looking at forming some type of REI partnership.He is a more seasoned and self sustained real estate investor that is living the dream, I'm the newer guy with the time, W2, etc ....
Newbie to investing. Self thought from internet/YouTube but wanted real-time advise from veterans. Got 80k cash, excellent credit, a newly formed llc, making about 55k at current job with zero debt. I want to invest i...
How does one get involved in private money lending?
Knowing what you know now, what would you do if all you had was 75K and wanted to achieve financial freedom in 3 years. Please answer this from the standpoint of someone who has very little rental experience. Put your...
Here is my situation. I have a friend whose uncle would like to sell his house and has offered to sell it to him for 80K, even though it is worth around 100-105K (that is the value that I have given it looking at com...