I’m in my 20’s, no debt, 800 credit score, and have a little to invest (30k or so). I’ve been doing freelance work over the last several years, which allows me to work remote. I have family/friends all over the US and...
Is it possible to do a 1031 exchange and use the proceeds to buy a house using hard money, then refinance into a long term loan? I wasn't sure if the loan product matters.
At what point do you start qualifying for commercial loans? When you buy something more than 4 units?I ask because we have an LLC and want to transfer then from us to our LLC at closing. But then at some point with BR...
I bought a duplex for 128k when the market suggested 140k. I have an amazing renter for 6 more months. Before I stopped thinking about real estate investing and starting applying action, I made some decisions I may ha...
I have 10k in student loans.I owe 155k on my 1st duplex (worth 250k)I owe 160k on a SFR (worth 175k). This loan also covers the vacant lot next door, a buildable lot. New construction homes here sell around 350k.I owe...
My husband and I live in Chatsworth, CA and recently learned about real estate investing just 2 months ago. We are committed to learning everything to be able to achieve financial freedom ASAP! We both currently work ...
Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...
I'm working with a guy that purchase a primary residence. Instead of taking out a 203k loan or even an FHA loan he put 20% down. He was under the assumption he would be able to take out the rehab costs at the end of...
just bought my first house, my debt to income on the first house was closer to being an issue than not. What ways are there to get another property without over extending myself in the banks eyes and how to achieve a ...
Assuming a prospective tenant has shining references from previous landlord, over sufficient income for rent, but bad credit (following divorce, etc.) and possibly considering bankruptcy to begin rebuilding credit, wh...