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Hey, everyone looking for some advice in regards to financing a potential flip. I have about 100k in equity in my primary residence and have heard some success stories in using HELOCs for flips. In my market, you can ...
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Hello All,
I am new to the REI world and have applied to be a franchisee for a house flipping company. The costs are not trivial, but they are less than you would pay for a nice used truck.
One of the main reasons I...
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Assuming that you are purchasing a SFR as a buy and hold, and you're financing it with a conventional mortgage, would you even consider properties for which flood insurance will be required by the mortgage company?We'...
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Hello,I am currently in the midst of the first real estate deal. I have a property that the current assessed value is 168,000, and they are asking 144,000. I want to wholesale this deal by offering 135k and assigning ...
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We are looking to invest in our first commercial property. We have only done residential up till now--very new to all of it. I have some questions. We are part time invesetors... My husband is the do it yourself gu...
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I want to start investing in real estate and need some advice. First a little about myself and investment goals:
- In my 30s, married with two kids- Living in Columbus OH- Software developer, run a small technology c...
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Hi all! This is my first time posting and I am in need of some advice… The background to my question is my husband and I have been dabbling part time in the real estate investment game for 10 years now, while we have ...
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Hey BP,I found a 6 plex property near me that the numbers look good in terms of cash flow. It was built in 1965, 4 2bed/1bath & 2 1bed/1bath. They are asking for $313,000 for sales price with rents at $3200. Doesn...
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I'm currently looking at my first deal which is a very large duplex in the downtown area where I live. All of the numbers seem to check out well so my concern is more with how to handle the current tenant situation. ...
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I am extremely new to this world and trying to figure out how to analyze potential properties. I keep hearing and reading that your monthly rent should be 1% of the purchase price to ensure that the property cash flo...