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Many people would like to invest in real estate but either they do not have enough money for a down payment or they do not want to lock their cash into a property purchase. It is possible to buy property with no money...
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Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
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Perhaps this isn't the right place to ask this, but in the most innocent way possible I am curious as to how people who have quit their jobs in order to pursue investing as a full time gig make money. Basically anythi...
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Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
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Hello everybody,
Yesterday I found a property on craigslist Cleveland, a 8 unit (6 apt. and 2 store front) for only $95k. Building is rented out (month to month) and I can buy this house with my o...
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The Federation of Exchange Accommodators (FEA) yesterday issued the following comment in response to President Biden’s American Families Plan, which proposes capping Section 1031 like-kind exchanges at $500,000:
Pres...
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Ok, so I sold my investment house in Commerce City, Colorado.
Denver area, for out of state people.
We bought it 2 1/2 years ago for $120,000
Mortgage was aprx $900/month
Rented it out for $1,900/month
Listed f...
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Hello: I'm looking to buy my first investment property to use as an income rental property. I see some properties in Baltimore MD on Druid Hill Avenue, which is in the neighborhood of Druid Heights. This is a Hist...
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A couple of random questions.
When a new banker pulls your credit, does it actually show the amount in the Checking and Savings accounts? I have a few (old accounts a couple hundred bucks) accounts with zero activity...