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I have a friend who owns a 2+ million dollar home and retired. He has a small loan on the property. He would like to get 60% of the property value as a loan. He has around 84,000/year income. Medical insurance is paid...
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I was wondering if anyone has experience selling a home on a contract and getting financing from a bank on the sale contract to get money back out of it?For example, I currently own a rental property free and clear th...
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I've been recently looking into some storage facilities and although I have a good idea of my area's cap rates, average facility NOI for particular size facilities, etc., I'm still unsure of the costs associated with ...
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Hi Everyone! I am pumped to announce I have just completed my first investment acquisition in Charleston, SC. We did a week of renovation and already have it rented out. I set this property up in an LLC and am now loo...
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I will be closing on a house within the upcoming days. The title company asked me for my SSN,which raised a red flag. Why do i need to provide my SSN if I am buying the house cash. It dosent make sense. I am domiciled...
I’m new to investing into real estate. I haven’t purchased any properties but I have been looking and I’m more drawn to multi unit buildings. That being said I am unsure if that is the best route to take and the oth...
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I've listened to several podcasts, Biggerpockets and others concerning the BRRRR method. It's straightforward as long as your buy right. You can then rehab, rent, etc... What no one seems to shed a light on is how...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Colorado Springs.
Purchase price: $359,000
Cash invested: $75,000
This property was purchased as a long term buy and hold ...
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Ok. So there is a house that I am investing in that has a lot of potential. It needs roughly 20,000 in renovation. I plan on using a HELOC for the 20% down and financing through a local mortgage company for the res...
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Hello to all! I am really excited to be here, I've been listening to the podcasts and finally decided to take the leap and start writing. I am a junior real estate investor - I own 1 residential rental in Bucharest (R...