Hey everyone, I have a checking account I use to manage my rentals and other business expenses. I have positive cashflow on all my rentals so my balance in this checking account is accumulating but earning zero intere...
Hello all,I finally bought my first rental with cash and my HELOC. I am very excited, fixed it up and had it on the market to rent...now with the corona virus, I am trying to figure out the best option is with it. C...
Not going to lie, the amount of interest paid over the life of a typical mortgage is insane to me. I'm guessing I can't be the only one...
How do people find comfort in knowing the interest payments, over time, could...
I am a real estate agent interested in purchasing a HUD 3 family home as an investment property for myself and husband. There is a broker listed for the property. If I bid on the property does it go right to the lis...
When doing a short sale, would it be legal/doable to offer money to the homeowner? I'll include it in the contract and hud statement so the bank will be aware of all the details in the transaction. Just curious i...
New to the storage complex idea. What would be your max purchase price for this property?:
Gross income: $48,240
Expenses: $9,150
95% occupancy
(24) 10x20
(24) 10x10
(12) 5x10
Does anyone here invest in established hard money funds, and just let them do all the hard work? I originally started looking into doing hard money lending direct but the honest truth is I don't think I know enough ab...
I started out with a credit score of 790 when I bought my first rental. In 3 years, I've acquired 4 more, and my credit has dipped with each loan, and is now at 710. I have no debt except for these loans, and no credi...
I have been presented with an opportunity to buy 20 duplexes and 1 seven unit apartment. The details are as follows.20 duplexes - $1,300,000 – average rent is $700 / unit ($28,000 per month) 85% are 2/1. There is a...
Hi all, I’m looking to negotiate a deal thats a mix of seller financing and conventional lending. What are some pros that I can highlight from the seller’s perspective.
Here are a few that I’ve come up with:
1) mont...