Hi everyone!After a lot of learning & reading I've made my first offer on a 4 family building in Brooklyn, here are the numbers:Price: 1.28M (FHA 3.5% downpayment = 44.8k, closing costs = 32k -> total money dow...
Hey Everyone ! Just want others opinion on this If you have 500k , what would you invest in to generate good cash flow ? Stocks , multi family , other creative investments ? Preferably 10-20% return A quick summary o...
I was just talking to a local real estate agent in the Chicago market and she informed me that the houses I am interested in are being bought up at prices over asking price by a hedge fund and other bigger players ...
How high do you think the interest rate would go? I am seeing 6.5% for commercial loans right now. What are you seeing? Are you still buying in this environment?
I was wondering how you evaluate investment with limited or no equities such as STR arbitrage. Since when the lease is up, you have nothing in the deal other than a few years old furniture, whose value would be limite...
I've been to the court house steps and witnessed Auction buying here in Los Angeles. So far it looks like you just show up with the cashiers check for the amount in full and make it out to the trustee. Is it as simpl...
Can someone explain how you go from a hard money loan to a conventional? I found 2 shells next door to each other that need complete rehab for $30k and 70-80k in repair. This property will be considered commercial ...
I've finally put aside the capital to invest in my first property rental investment property. With interest rate hikes and inflation on the rise, I question if it even makes sense to make this kind of investment at th...
So on my first flip I got linked up with a mortgage broker. He put me in contact with a HML who's terms were 4 months before penalties started to be assessed. The mortgage broker said once the rehab is complete, we ...