Ok so I know not to live too strictly by the 50% rule and it is used in order to give a rough/quick analysis of properties.
That being said... I've seen some explanations of the 50% rule that doesn't quite make sense...
I talked with a wholesaler that has a preforeclosure under contract. What steps can I take to ensure I'm not wasting my time and there aren't multiple liens on the property? The rent coming in should be about double...
Is there a best time of the month to close on a mortgage and why? Is the beginning, middle or end of month the best or does it just not matter? Thanks!Brad in Wake Forest, NC
Just started on the site. My name is Marcus McCray. I am a Realtor who's trying to exit the biz and move into the investing side of things. I also have a background in finance and consumer credit. I'm currently lookin...
Hello everyone, So I closed on my first property in Aug and wanted to post it to see what everyone thinks. A little about me though: I am active duty military, currently out of the country so I managed this whole d...
so I've received my first 2 calls from my outgoing letters. One told me to remove her from my list - haha. I just got off the phone with the 2nd caller - she advised they were going to do a deed of lieu with b of a ...
Greetings,
I qualified for a 60k loan from the SBA related to the economic disaster to help my businesses. I own a nice single family home built in 2009 (my first investment) and a 4plex, in the Fargo/Moorhead ...
Hey everyone! Fairly new to Real Estate investing, and I had a question for all of you! Recently, I began reading up on house hacking, and it definitely seems like a very great way for me to start, seeing as I work fu...
Hey guys, I am attempting to start an off-market deal. I am planning on doing a cash offer. My plan is to BRRRR it. The question I have is when I refinance it will I be "paying myself back"? I am just a little skittis...
We have identified a property we'd like to purchase, and could sell another investment and do a 1031 exchange, but an interesting option has presented itself. Another investor friend recently purchased a commercial w...