I am just starting out as an investor. I did some education and I want to start investing. I have little cash to start but I am hoping to find some private lenders eventually. I live 10 minutes from a mobile home park...
Houses nearby go for between 60K-100K based on size and block it's on. Having trouble nailing down a solid number since it's in the city and a block or two makes a very big difference(best est is about 85K-90K ARV i...
I have a deal that I'm bringing in someone to do a JV. We're going there today to get it under contract. He will be cutting a check. Should I have him sign an initial JV agreement prior to us getting the property unde...
I have heard on different podcasts that one of the best introductory ways to get started learning REI and potentially getting a mentor is to offer your services. I’m going to be attending monthly meetups and hoping to...
I am a buyer. I just went into escrow on a place (we'll call it home A). Then I found another home (home B) that is a much better fit. Is it ethical to place an offer on B and only cancel A in the event that B accepts...
I want to buy and hold, but I'm not sure if what he is offering is a fair price. He wants to rent for $1100 monthly or I can by out right for 40,000. Do I run comps as if I was wholesaling or do you do something co...
A home with a ARV of 87,000. Seller wants 45,000 for it. When I plug the numbers the MAO= 45,000. Is that the price I also offer the buyer or do I need to add my assignment fee on top of what the seller wants? So if t...
I'm looking to buy my first home to invest in as a rental property, how do I know what to offer after just a quick tour of the house?
My problem is that I have very little equity. As I'm just starting out, I have around 9k in an old retirement fund and around 20k saved. I live in Austin so this doesn't really get you very far; I'm only able to get a...
Do I have to own a home free and clear to offer seller financing to a buyer? Not sure how seller financing works completely. Thanks for the help in advance!