From last two years i was in real state business , i earned huge profits in begining so to invest more i picked up large amount of money from market at 20% annual interest and invested all in real estate and just aft...
I was approached with a deal that I'm trying to understand better. The owner of a deer farm is expanding his business. He doesn't want to "muddy the water" with a mortgage on his current primary residence. They want m...
Looking for some advice with my next move. I would like to purchase two more rental properties this year. I currently own two, which are both generating a nice profit after expenses. One is in Florida, which is alread...
My husband and I are in the process of renovating our basement to be a separate 4 bedroom 2 bath unit. We are debating whether we should turn it into an Air BnB or have a long term rental. Does anyone have any experi...
I am wrapping up a personal renovation project in the next month or so, but have come across a potential deal in a duplex which needs renovation. I do not want to approach a bank on acquiring the property at this poi...
One year ago I purchased my first rental, house hacking a 4000 square foot duplex. I am looking into getting my second one here soon and need advice. I believe I have two options.
Property Info:
Purchase Price: $365...
Hello,New to REI here and I am considering purchasing a new primary residence while renting out my current home. I am hoping to get some direction on the best strategy for my situation.Current home in a LA suburb- $7...
A portfolio lender is interested in lending me capitol on a property (buy and hold). The lender will cover acquisition costs (purchase and rehab).To date I have been unable to modify the mortgage on my primary reside...
Has anyone used Connectinvest.com? If so, what are some opinions on this private lending group. Thx
HelloI could be missing the obvious, but I cannot seem to find much information on calculating the return and benefits of debt pay down on a rental property.How do you assess the benefits of improved equity or increas...