I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
Me: $85k in 401k, $18k cash, $5k liquid investments (Robinhood). Credit score 780. Owe 100k on primary. Started the refi last week and will need $7k ish cash at time of close. ($3.5k or so is escrow which will be refu...
I was listening to a real estate podcast the other day, and they mentioned a method of finding potential "motivated" apartment sellers that I hadn't heard of before;
The guy said to buy a list of people that bought ...
I am new to the idea of real estate investing. Most of my knowledge and experience is in stock market index investing and I have only just started to learn about real estate. My goal is FI in 15 years with a monthly...
Hello! Well, this is a brain tickler. So we purchased a retail property at the end of 2022 with seller financing: 5 year term, 30 year amortization, 0% interest. Payments are $2k per month. Three year option to extend...
Long story short, will have about 100k. I have ZERO experience but want to get started ASAP. I have a burning desire to own multi-family properties but don't know where to start. I've listened to a lot of podcasts, i ...
As a brand New investor with NO track record and Not much $$ to talk about is it Really possible to find a deal, find the funding for a deal and close?Don't private lenders want some $$ protection for funding Newbies?...
Of course an AS IS offer is attractive to seller and increases my opportunity for more deals. But how do I present an AS IS and include a inspection contingency? Secondly, when I have the contract, how can I come ba...