Temie William-Olley
Deal Analysis
Hey Everyone I am super motivated and excited to start my REI journey and i am currently trying to figure out how to purchase my first rental property; i am currently reading @Brandon Turner 's book on how to invest i...
R.J. Petrillo
New Investor from Long Island, NY
R.J. here. Long Island native (Nassau county), born and bred. Engineer by day.... and night, and pretty much every waking hour (BE & ME in MechEng), so analytics and spreadsheets are my bread and butter (as well a...
Sophie Mia
Would you invest in either one property with high down payment or two properties with low down payment - same upfront cost and cash flow
Hi everyone,
So the scenario is the following:
Option A - buy property #1 with 25% down as an investor and make about $650 in cash flow.
Option B - buy property #1 with 3.5% down as an owner occup...
Chuck Brickman
LLC in Texas
Does anyone have any information on the Franchsie Tax for LLCs in Texas. I'm a small investor and want to know how it will impact me if I go LLC.
Thanks
Brandon E
Help with Exit Strategy
Hello BP,
Up for consideration is the following:
A SFH priced at $28,000. It is 1200SqFt, 3 BR 1BA that an investor purchased a year ago for $17,000; He/she has done a good amount of work (drywall on one level, fram...
Ankit Rathore
Points buydown vs principal reduction with seller's credit
Hi, I got around 19k seller's credit for a house of 775k. I have 2 offers from lenders:1. from private lender which allows me to buydown interest rate (I can do 1-1 buydown) and rest money will be used towards closing...
Christian Alexander
New to the Dallas Area (Forney)
Happy New Year! My name is Christian Alexander. I just moved here from Nebraska, I currently reside in Forney, and so far, I love it. I retired from the Army about two years ago, and during the last 3 years serving I ...
Eric Kump
First time homebuyer
My wife and I are about 6 months away from buying our first home. We are planning to buy a home in Arizona (East Mesa most likely). What tips would you give to a newbie who is looking to turn their first home into a r...
Joshua Sparrow
Better to invest locally if you can?
I have $125k from an inheritance and am looking to buy my first investment property ASAP. My local market is steadily growing with tech and aerospace industries and has always been a big tourist destination. Being on ...
Michael Williams
Seller Financing Deal 2 mortgages How To Write Wholesale Deal
The seller is open to creative financing. He has two mortgages on this house that total $103k, he wants to pocket $16 after the deal. I had my realtor run an analysis and the ARV is $182k. He's had the mortgage for 1...