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I want to share our recent land lording experience.
Me and my partner acquired a quadplex and have decided to manage the tenants. For one of the empty unit, we have screened the tenant (background check came with no ...
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Pre foreclosure lead in Orlando. Original owner passed away about 3 yrs ago. Daughter now lives on property. Currently has an open case w/bank. Siblings have passed away and based on what she told me there is just one...
Hi All - My wife and I have 100k saved and we live in the Chicago. My wife would like to buy a Condo in the downtown area that would cost us about 2k a month in mortgage payment with our savings. I would like to use t...
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When getting a portfolio loan, do the banks loan you the money just for the down payment on the house? or do they loan you the money to buy the property? or do they give you the money for the property and the rehabs?
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simple question! How do you pay yourself from your rentals? How much do you reinvest? I have to admit i love talking $ when it comes to financial strategies and goals. I'll go first.Im small time with only 3 propertie...
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Does anyone use what i have always been told private lenders. My father had always told me to get private lenders to fund most my deals. I never had tried it myself does anyone else use this to fund their deals.
Few...
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I don't really have many lesson to share this year but I hope next year I can have more to share. So far, I think one of my biggest lesson on 2024 is that I finally I decided to take an action and started looking for...
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Can someone please explain to me what a mini-mortgage is and how it works when you have a partnership on a STR and one person is the “Money” and the other is the “Sweat equity partner?” How does the sweat equity partn...
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I am weighing the option of starting my real estate investment strategy in a RE Syndicate OR in 2-5 unit rental units. If you had to chose where to invest first, which of these two strategies would you chose and why? ...
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So as I was reading the forums where hard money lenders were being researched, a thought struck me. I am a high earner and have maybe $150k extra cash per year to invest. If I were to use that cash to invest in buying...