Hello,
I just sold my first property that was my primary residence for 2 years. I did make a few bucks on the sale but now looking to start my rental property collection. I am very interested in purchasing a rental p...
On the BRRRR Report, I see that the 2% Rule under the Financial Info section is a percentage. How is this calculated?My understanding was that the 2% rule was equal to 2% of costs. So, how can the result itself be a p...
I have been keeping my eye on a couple duplexes and I am having trouble trying to find comps for one of them. I could make 2% per month on it but I am just afraid that I may possibly pay too much for the property. Any...
Hello,
Who would keep the EMD in this residential real estate scenario? Here’s the sequence of events:
- all buyer contingencies EXCEPT Loan contingency were removed
- Loan CR removal date was 9/21, buyer didn’t re...
Hi,I have been following this forum for over a year now. This is the best place to find valuable education regarding Real estate. I have saved 50 K cash and my house is paid off and currently worth 250 k. I am eager t...
Hello, I'm looking for some suggestions in picking out a first property in the Dayton area. My wife and I previously rented out our house outside Boston since we had to move due to a job and at the time we just couldn...
What credit score is the lender looking for if you want to put 5-10% down on an investment property…???
I purchased a single family property in cash last year and am considering a cash out refinance. I have a private lender that is showing me a 30 year fixed product that would cash out 75% of the property value. If I c...
I live in the Metro Detroit area and I'm new to real estate investing. I'm looking for people locally to connect with. I also want to get ideas on what real estate investor clubs to join. Thanks.
Richard Harris
Hi!Me and my wife just moved to the Baltimore area, looking to jump start our real estate investment engines again. We currently own rental property in Florida so we are not completely new to the game. Any pointers on...