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...
Curious to hear any opinions on the implications of this article. http://www.truthdig.com/eartotheground/item/beware...
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...
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...
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...
How does one get involved in private money lending?
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...