The owners of a 2 bed / 1 bath newly renovated mobile home in a nice area of New York want 128k, (they asked for 140k). Here, it would rent easily for $2000/mo. The lot fee is around $700/mo. The owners won't do owner...

What are differences between the good and bad debt?

I plan on being debt free except for the mortgage on my house within the next 18-24 months.  At that point I planned on spending 2 years saving up 50k for my first real estate investment property.  My goal is to find ...

Would love to hear the opinion of anyone on how exactly he would take $1,000,000 cash and utilize it to meet the targets below.Please, if any agents/brokers are replying, don't talk about the market you work in as it'...

This white sounds like a silly question, What is it ever a good idea to do a cash out on a free and clear rental property just for the sake of locking in some cheap money? Even if there's no immediate plan for it. Fig...

Hello guys so I'm just starting out and am just wondering what I can do for financing. My credit is not great because I let other people deal with my finances but that's a story for another time. So I am concerned I w...

Why can a mortgage be only 50% of your income? For many, we pay 90% or more towards rent. Why so strict for a mortgage?Seems like the system is designed to make you fail...

I know someone who will do HML quite a bit the past 5 years & then goes to a refi after 6 months - think of it as a short-term loan. He's very careful these will appraise out before he pulls the trigger. He has a ...

Traditional Vs Commercial Financing?In the last 2 years, my amazing wife and I have purchased 15 SFH and 3 duplexes (21 doors all worth 50-80k each) that we have rehabbed and rented with the plan to hold for ever and...

Hi everyone! I realize there are some other "just starting out" threads and I plan on checking those out but I wanted to throw this post out there first as an introduction.I'm brand new to real estate. Until now I hav...