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Short version: 4 adults (family) rent our Townhouse on a 3-year lease. "Bob-The Son" gets hooked on heroin, vacates the property, returns to steal everyone else's stuff to pawn for drugs, gets arrested and goes to jai...
Hey all, Looking for some input at this stage. I currently have no debt, $67k income, 6k saved, 800 credit, first time homebuyer in Texas, and I would live 100% exclusively in that home without renting to anyone else,...
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Hello all!I’m new to this game, curious if 15k$ is too little capital to begin investing into real estate (any type). I understand that’s a very vague question... I’ve listened to many podcast, read many articles and ...
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I know a lot of people hunt for flips but in a market where the population is growing exponentially many investors in our market are buying new construction. Pre-Sale contracts can allow a buyer to build a year's wo...
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This makes it a challenge as there is no income verification possible.
I am going to ask for tax returns last few years to see previous income levels.
But without income, applicant says she has enough f...
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Hi everyone.I am dealing with a situation here.I made an offer, the owner likes the offer.As the owners are a brother and a sister, he (the one I am dealing with, brother) wants to run it by sister.It is taking weeks ...
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Hi, guys. I've been lurking, mostly, and keeping my eyes open for possible opportunities in my area. I have recently begun speaking with a friend who is also interested in real estate. He has more capital readily avai...
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We are about to buy or first investment property. I can get a mortgage rate of either 4.375% with 0 points, or 4.125% with 1 point. My calculations show me a break even time of about 5 years. We have plans to keep the...
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I'm working on buying my first investment property in Oklahoma City (where I also live). We made an offer and it was accepted and right now we are in the inspection period. It turns out that we are dealing with a whol...
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For very experienced investors who have done rehabs, either for flips or holds, what are the common things that are done to reduce the rehab budget and save money right off the bat - but without being 'shady' or doing...