Planning for my first investment to be an FHA-financed duplex. How much money shoukd I have saved before I actually start making moves?
Hi Everyone! Had a question about how the financing works with hard money lenders. When you find a deal, is your financing already in place with a hard money lender? Should i be approaching and building a relationship...
Hi, I am looking at a deal where the refinance for a BRRRR on a multi family would be essentially $60,000 cash out on a 80% LTV but it still has negative cash flow. As a total noobie here (apologies ahead of time!), i...
Where are my Denverites at?!
This is the first time I've heard of a city or municipality doing something like this. I'd love to get takes from folks who have been around the investing & development scene longer ...
Looking for some advice. I'd love to get into REI, however I feel like my high interest debt is weighing me down. I'm continuing to pay it off as much as possible but feeling stuck. Considering the COVID situation, lo...
All,
We are looking to build our second STR but needing some advice from others who have done a construction to perm loan before. Our builder currently has his finances tied up in a different build, so we are need...
All, I am just getting started, my plan was Buy and Hold rentals...I am looking for cash flow but I am wondering if that is the best option for me. I have secured about $100k of financing at 0% for 12-24 months. So ...
How essential is it to have your own RE license if you are thinking of becoming a buy and hold investor? Any drawbacks or specific advantages?
So far I have only looked into two hard money lenders but both have indicated the same thing in their website, they will not fund owner occupied dwellings. Does anyone know why this is? Are they concerned about the co...
I found a deal through a wholesaler for a 4-plex, but I wanted to use traditional financing to make it work. We kind of structured a deal where I would essentially hire him to put together a new contract with the sell...