In a world of APPS; what are some of your favorite apps for REI? I just purchased an IPAD for business purposes (tax write off). I have the MLS listing apps; such as Zillow, Trulia, and Redfin. I also have heard of...
Looking at my first investment property. Seller is asking for $80k, needs about $5000 in cosmetic work, estimate. Rent is averaging about $850 a month for comps in this area. This will be one of the nicer houses avail...
I recently purchased a home using the BRRR strategy and it worked well. However, I just bought an additional two properties (cash purchase) and I think I may have difficulties with the Refinance portion due to DTI (De...
I welcome other opinions and criticism when I make a move so here we go. My current move is take cash out against a property I own outright so I have buying power hunting for my 3rd this Fall.
Details on refi: Z...
Hi everyone!
I am a newbie who's interested in learning more about real estate investing.
My question is: If you have enough money to buy a property in full should you do it or take out a loan and do a percentage d...
Fannie Mae announced a record year for its small mutlifamily program ( 5+ units). Freddie Mac had an equally succesful year.These programs are geared to experienced real estate owner/landlords. ( Single family experie...
I will make mine very general. Back in September I purchased a property through an action. The scary part is it was occupied and by law I was prohibited from making any contact with the residents. A month prior to the...
COVID-19 continues to hit the U.S. hard. There has been a lot of discussion as to what kind of impact, if any, the latest stimulus bill will have on tenants who are struggling to pay rent month-to-month.
We belie...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $200,000
Cash invested: $20,000
Just getting started on our first live-in flip / Airbnb house hack.
Asking: 240k...
Good morning. I'm seeking guidance regarding my initial rental property, which requires significant repairs. Three years ago, my wife and I purchased a duplex with a 3.25% interest rate. Presently, we reside on the bo...