Sooooooo.....I just recently purchased a house that I am in the process of flipping and today one of the guys in my contractors crew found the cremated remains of the previous owners wife in the garage. I have tried ...
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
I am a college student with only a couple thousand dollars in savings (and I do not have any student loans to pay off), but how could I start getting involved in real estate? I am studying for an engineering degree, s...
Just purchased my first rental property... Just wanted to get some opinions on it. I think I'll be able to get about $700/mo no utilities included. I went with the single family unit in hopes of less hassle. It is ...
I bought two property's in the city of Detroit and I have had them for a little over 3 months now and I was wanted to know the best way to sale or get money to fix and rent out then get a loan I'm stuck need to find s...
This is a long post, but I figured I would post my situation and a decision I am trying to make along with a spreadsheet I made to track financial independence. See link below. You should be able to copy and paste int...
I have several houses now and my filing cabinets are getting a little stuffed. I have a separate accordion folder for each house. I keep the original purchase papers, receipts for repairs, credit reports for prospec...
Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
Hi guys, I read reports on real estate investing and there is something I do not understand. Please enlighten me. I saw something inside the report like CAP RATE 15.2% ....
What is
- The meaning of CAP RATE in laym...
Dear Houston Real Estate forum members, I wanted to say hello and Thank You for all your information in your posts. I just recently decided to take serious action earlier this month after having listened to BP since t...