Hi everyone! I’ve been thinking about starting STR arbitrage because of the comparatively low start up cost. I understand the point about not building equity and also risks. But the cash flow is attractive and serves ...
Hi everyone, this woman approached me today and she is about 15,000 behind in taxes and also several months behind on payments. She has no auction date yet, but is looking for a solution where she could sell the house...
Hi!, I'm the happy owner of a single family home in Oakland, CA that may be ready for conversion into a multi-family home (Duplex+ADU) which requires a long list of things to come together, one of which is financing. ...
Hello all-What is the general opinion with regards to paying down debt vs investing in properties? I will be receiving a bit of cash here in the near term and cannot decide whether to pay off my existing credit card ...
I bought this condo on auction in front of county court house this month. It was a second lien. The bid started at 25K, I bought it for 56k. There was another guy there bidding with me. The first mortgage is 96K after...
Hello everybody, My partner and I reside in Brooklyn, NY. We want to start flipping, and thought we’d like to start more local. Staten Island seems to be an option for us. If anybody here is familiar with its areas, ...
We are looking to do a live in flip in our current market. Here's the strategy: Purchase the home, live in until we move, place tenants, after 2 years, sell the property. The home is a 2/1 listed a 90k, I believe we...
Hello,
Say I buy a triplex multifamily home with fha loan and I rent both units and I live in one and the mortgage is $5000. Then after 1 year I move out and buy sfh to living and rent the third unit in the multifami...
My question is, why do, at least from what I’ve seen here in Ohio, Hamilton County, do most of the foreclosure sales end up with the plaintiff purchasing at what is owed?What am I missing? Please point out what I have...
Hi all. I am a 26-year-old in the Tampa Bay area. I am unmarried, very frugal (only spend on investing, necessities/essentials, and travel), and I recently bought a house worth approx $320,000 at a 5% interest rate (w...