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I bought my first rental property 3 years ago and it is doing well. Then I bought my second and it became unmanagble. Paid 29 thousand and then lost my shirt in the rehab. Ruined my credit. Now I just want to sell tha...
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Hello All,
I'm starting to hit the REO market and would like to know how some of you are accomplishing this. First I will be using transactional funding and will quickly resell it to an end buyer I'm looking to hold...
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I was wondering if getting a hard money loan to cover the down payment of a traditional mortgage is a viable option. It would increase the leveraging potential. Would you guys recommend pursuing such a thing, or would...
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I am trying to secure my first deal and have been evaluating properties for a few months now. My biggest hurtle right now is the first "D" dollars. I'm tired of sitting on the sideline and I'm looking for advice on ov...
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I would love some advice! The past 4 years since graduating, I've been hustling to pay off student loans with ugly interest rates. In the meantime I've been reading, listening to podcasts, learning as much about real ...
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Our loan officer is offering to open a HELOC under 2 of our first properties that are almost completely paid off. From what I understand we can purchase a house and then later put it on a typical note and pay back the...
from what I understand in a double closing there are 2 sets of closing costs. while the transactional funding I am using will cover the first set of closing costs I don't think it will cover the second set of closing ...
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So I'm in a ton of Facebook groups for investors and see a number of PMLs advertising 100% financing.I messaged one to see what the deal was. Basically, he offers 70-90% for purchase (based on experience/credit score...
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People don't seem to understand the difference between nominal and real house prices. Real prices are inflation adjusted. The basically cost the same as they always have, adjusted for inflation.
With real estate sur...
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I've been dying to get into the real estate business. I have sufficient drive, credit, income, and handymen in my life to make it happen today. My only issue right now is the huge down payment required on a rental p...