TLDR: "Great Deal" was a money pit ... an absolute nightmare. Almost every problem you can think of happened.....So there I was, a seasoned real estate amateur. I say amateur, because although I have had multiple S...
Hey everyone!
I’ve been working all year on buying my second property. My first is a SFH that I live and do Airbnb in. I bought it almost 11 months ago. I’ve let a couple of preapprovals slip through bc I did not hav...
The most recent mortgage rule change that has yanked the welcome mat from underneath first time home buyers has put the spotlight on Posted Mortgage Interest Rates.The Posted Mortgage Interest Rates used to serve just...
Could use ya'lls thoughts. Here's the deal I'm under contract on...120 purchase, 2.875 rate, 10% down, conventional (2nd home I have to buy this as)...house needs rehab...assuming about 20ish. so 140 all in, 160-165 A...
I am considering crowdfunding while I am in the accumulation phase for my next turnkey investment. I read that I can get in as low as $1000 and hold times are often only 3-6 months. Who had experience and what platfor...
Hi. I am in a pickle. I am at the end of a rehab in a good area, good school district, but I am at the last bit of work needed and I have run out of money. The property is listed, but the pictures show the work that n...
Responding to a question about Political impacts and Self-Storage in a discussion.From a political standpoint, don't see a change in the stock market. From a performance standpoint, I see a big change. Price/Earning...
Hello BP!
I have found a 14 unit place (4 tris and 1 du on the same property) in my local area at a good price and with good rents. I haven't ventured out into a commercial loan yet but I am considering it. I have th...
Here is a progress update from a small-time investor in Connecticut who is trying to achieve financial freedom. The road has been acquisitions for the last seven years. This year is a stabilization and reflect year.
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Hi all,
I'm trying to get started and would love to tap this community's wealth of information on potential best strategies for getting the first deal and thoughts on where I'm leaning so far.
Little background on ...