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Hi all,I bought a house in October and my parents loaned me money for the down payment. I am looking at my options to repay them as they loaned it to me for 6 months. I am considering refinancing one of my properties ...
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Hi I am a new wholesaler and I want to submit an offer on two REO properties now I know Im required to submit a proof of funds and Im going to use a transactional funding company to do this but I want to know. Do I se...
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Hello everyone,I wanted to share the details of my first buy & hold investment property, located in Collinsville, Illinois, to see what you all think. The property was purchased from a relative who gifted more tha...
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I’m looking for some perspectives from seasoned investors who could offer some thoughts on long-distance investing under these scenarios. What would you if you had $60k/$100k/$150k and:1. needed to invest hands-off (p...
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Can you like-kind exchange a 3 family the owner is living in to a 2 family that the owner will live in?
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I am new to real estate investing and currently have 2 sfh. Also I plan on discussing this process with my bank, but I am looking for input from others who are more experienced... My husband and I are currently purcha...
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Hi all,
I found a turnkey duplex that I will be making an offer on soon, and was wondering if it would be smarter to finance the deal conventionally or find a lender and pay cash for it. This is an off the market pro...
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I'm selling a property and had it listed on the MLS, we have already opened escrow, completed home inspections and appraisal , and past due diligence period
The buyer's agent put in a purchase price of $150k, however...
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Hey everyone,
I’m hoping to get some feedback about this. I’m considering doing a cash out refinance on one of my rental properties. I’m looking at taking 30k out and changing it from a 30 year into a 15 year. The P...
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Hi all,
Brandon Turner mentioned in a webinar that he typically looks for properties that will meet BOTH a certain minimum cash flow amount and cash-on-cash ROI. For example, when it comes to single family homes, he...