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looking for advice. I visited 4 different banks today and ask about a mortgage to buy and flip, I was told I have to have a 15% downpayment. what can I do? any advice? thanks guys.
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Hi,I am learning more about the BRRRR method, but I don't understand why it is important to bring rents up-to-market to get refinancing? I thought how the refinance step works is that when you get a refinance, there i...
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I have a couple of investors that want to participate in a flip with me. I want to provide them collateral which would be the property. Does it make since to structure this in a trust with me as trustee and investor...
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Looking to buy my first property and wondering what has worked best for others or just looking for advice.Have roughly 60k available through a HEL to purchase a rental property. I have found single family homes that I...
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Hey!I recently purchased my first property, a 3 bed/3 bath zero lot line (shares a wall with another house but no HOA) in Nashville. I’m fixing it up and planning on renting it. I’m self employed, and had a co-signer ...
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Hi everyone, I am a relatively new RE investor. I have completed one deal (buy and hold turned into a fix and flip) and I am in the middle of my second deal (house hack turning into buy and hold). I have listened to m...
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I have a question about being your own general contractor on an investment property. I am not a licensed contractor FYI.
I've secure a commercial line of credit with a local small bank, which is great, but t...
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Okay, so I've looked at 3 properties right now in the Salt Lake City area. All of them have produced a negative CoC ROI of about -5 to about -9% on the rental property calculator here. Am I doing something wrong? Mayb...
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so i'm trying out the rental calculator on the site and i'm having a little bit an issue. every time i use the calculater the rental income would come out far greater than the rental expense. for instance the monthly ...
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Hi all, So I just closed on my first deal and things are going great. The market is good, and I would like to keep the momentum going. BUT, I am low on cash. I am very interested in JVing and using OPM to fund deals. ...