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Hey everybody, hope everybody doing Good today!!!I first want to thank this community and this platform for being such a help to my continued growth and education. I will be talking to lenders this week, calling aroun...
How would you structure this deal?There is this guy who is selling 4 two bedroom 1 bath rentals for $45,000 each. The properties are renting for $450. He's also willing to sell the properties in a bundle for $180,000 ...
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It is more desirable to a lender to see a credit line paired off in full quickly or to credit lines paid off on time over a stretch of time?I have student and auto loans and I believe if I paid them off as quickly as ...
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Ok, so I have found a method to get the calls coming in and so far about half are motivated sellers with equity. My issue is that none really seem to be the sweet deal I would like to jump into first. ie, they dont se...
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Hey guys, just upgraded to the pro account today because my partner and I are getting serious about making real estate investing a full time business for ourselves.A little background: Ive been a real estate agent for...
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We have our first property under contract. Pretty sweet deal, 147.5 PP, 165 rehab, 450 ARV......we waited till we found a deal with a healthy margin, so when "things happen" we will still be profitable. Haven't been...
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I know an investor who has a relationship with a local bank that gives him a loan based strictly on the appraised value, thus he’s able to have zero out of pocket when acquiring a rental. He then rehabs, rents, and re...
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I've been presented an opportunity to provide a $40k loan on a $45k land purchase. Within 6 months the Buyer would repay the loan plus $20k (50% ROI). He'll be selling the land for $175k, making a sweet profit. Land i...
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so I bought a small packaged deal (triplex & single family) the triplex is on a bank loan but I want advice on what to do with the single family.The single family is on a 7 year 7% for 23.4k seller financed. abou...
Hello everyone. I was recently pre approved with a mortgage lender for a conventional loan. I found a really nice duplex that I would like to house hack. Problem is that I don’t have down payment money. I do have a ho...