Hello everyone,Is there still a market for flipping in the Los Angeles area? I’ve been reading negative articles saying that profits have dropped from flip projects. Now I know it’s a case-by-case situation, but is it...
1. Assume you buy a house for 60,000 dollars, then rehabbed for 40,000 dollars all borrowed from a hard money lender and for an ARV of 120,000. You then Re-Fi 75% for 90,000 cash out. In this case, not only do you not...
Hi everyone,I am 26 years old from California and I just bought my first 2 rental properties in Chicago. When I bought these 2 houses I inherited the tenants as well. One has been at one house for 6 years and one has ...
There is a lot of commentary surrounding the topic of whether to rent or buy (Regarding personal residences). A roof over your head is an expenditure. The rent-or-own paradox is about losing the least amount of money ...
As you all know, I am new to this real estate investing arena. My question is if I get a Private Money lender to fund my purchase, How do I make money after flipping the property if they charge a rate of 12 percent...
I've been studying BP lately and have a question I've been unable to answer through my search.
My wife and I stumbled upon a good deal on our home two years ago, renovated it, and are listing it for sale next week. ...
Curious to learn about other investors that see the US as a playing ground for real estate. More specific....... I believe, like the stock market, real estate is similar. In RE we have value buys and every city a...
Hi,My name is Leo in Illinois. I'm a newbie of real estate business. Does someone recommend a 504 loan to an entry level of investor to purchase a real estate? I formed a LLC last year and it does not produce any pro...
So i bought my first home about 3 years ago. Did a live in flip and am looking to sell it. With the way the market is, I'm thinking about renting instead of buying. I've got a loan on my truck that I'd like to pay ...
This is a question I have thought about lately and was wondering if anyone had any thoughts on the matter. Clearly you need cash to buy a food franchise, specifically fast food, so this question wouldn't apply to what...