My 20 year old son purchased his first "fix and hold" a couple of weeks ago.[ It is starting to look supercute BTW] He bought it cash but will owe a few thousand on it for rehab before it is ready to be rented. He is ...
Hello everyone! I am new to the game. 1 rental property and looking to grow. I may not have much to offer information wise yet, but one thing I am good at is organizing and planning! If anybody is interested in a m...
I’m a little confused on what exactly I’m offering the seller and the buyer (investor). If this is a deal with a MAO of $147,000, and I end up getting the contract signed at the MAO...ARV = 260k-GIP = -78k-RCE = -30k...
Has anyone used Property Force to purchase fix/flip properties? Im intrested in finding a reputable wholesaler to get properties from and im not sure if its worth paying for Property Force services. Or can anyone legi...
So I have a general rule with tenants 2 srikes and your out - as in "I’ll pay on the 6th" (insert excuse) "oh I’ll pay the 15th" (insert excuse ), if 16th comes along and rent isn't paid then I evict . What’s everyon...
Hi friends! My husband and I are thinking about buying a MF triplex in SF in the mission district. The issue is that we have 2 rent-controlled tenants in the building. 1) One tenant is over 60 and has lived in the uni...
Hello everyone. I love the site and my friends and family tell me that I spend way too much time here. :o)
I am a 43 year old Registered Nurse. I would very much like to become a full time real estate investor. I...
So my middle credit score is 614 my high is 652 my low is 638.I have to have a 640 for an fha loan and it's looking grim before being able to fund this deal before the end of march. I know I can qualify for that loan ...
Hello,
I am a buy and hold investor. I have private lender who has given me mortgages on about half of my properties. $410,000 over 8 years, payment is around 6K monthly. I have life insurance with him as the bene...
We listed our home for an exhorbinant amount due to a realtor telling us it was worth way more than it was. It sat on the market for many years and we finally took it off. then the asking price was several hundred tho...