Mortgage rates are about 6.9% right now, and have been trending downwards for 2H 2023.
There's a poll going on in these forums, and most of you believe that mortgage rates will decrease in 2024.
I'm not betting on...
My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...
I've been noodling on this for a few weeks, and the more I think about it, the more I'm starting to convince myself that large multifamily is one of, if not the most, riskiest asset classes in America right now. Here'...
I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...
Thank you @J Scott for starting the new construction diary. It's been our inspiration to do one of our own now. In this thread we are going to track the progress of our first Crowd Funded new construction project in...
Can i refinance immediately next day, after closing the purchase loan on investment property.City: Jarrell, Texas - 76537
The local city lender which i picked has following :
Advantages:
1.)Can commit to close on ...
So, I'm still learning the ropes and not ready to jump in to actual investing just yet, but I just wanted to throw my plan out there and see what people thought of it (especially Kansas City folk). Obviously the main ...
Hi BP! I recently just closed on my first 3 turnkey homes with Rent To Retirement after being referred to them from a colleague of mine who had invested with them for a few years now. I thought I would start a forum...
Hi to all investors out there, hope you have any advise or resource to help me out.About 3 weeks ago I paid about $41,000 to a real estate investing company. After I have paid, their attitude and responsibility promis...
So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...