While cash flow is great and I strive to cash flow as much as I can, in the long run could this strategy be less profitable than buying & holding in a market that will see high levels of appreciation?I hear folks ...
I’m just starting out and I was trying to get a preapproval letter so that I could know what price range to start looking in. I was told that I should save up $10,000 before I even consider getting a preapproval lette...
Well, I am pleased to say that I finally got my first property in Columbus GA renovated and rented. I purchased the property on auction dot com for $25700. Renovations costed $12,000. I am all in for $37,700. On Decem...
I'm haunted by Ben L.'s comment "Don't be a retail investor!" in the podcast on rental properties. This is also common advice in real estate investment books. Always buy at a discount, or, as Warren Buffett says, with...
I think that multifamily (2-4 units) is one of the best types of properties to invest in especially when first getting started change my mind.
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
Hey everyone ive been hearing about and researching VELOCITY BANKING alot lately. Seems too good to be true. Any of you experts have experience in this field and can confirm or deny? Thanks everyone!Nick
Could some one double check my math?Good morning everyone. Totally selfish question but, I am in negotiations with a landlord who wants to sell 2 quadplexes in St. Louis. I am very green when it comes to multifamilies...