I’m trying to buy my first duplex using a fha 203k. Already pre qualified. As I look for properties I can come close to cash flowing usually just able to cover my mortgage but nothing much more. Is that normal or is i...
Make sure when you buy an insurance policy for your investment property (especially "flip" properties) you are asking for "special" perils. Peril - A specific risk or cause of loss covered by an insurance policy, such...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $32,000
Cash invested: $15,000
Our first deal to break the ice. This property needed very little work to turn. Pu...
Investment Info:
Other buy & hold investment.
Purchase price: $10,500
Cash invested: $7,000
Land only, needs culverts, driveways, electric, water. some landscaping and grading needed. cash invest...
When someone says they 'invest for cash flow', what do they mean by this? Does that mean they don't look at specific return factors like IRR and/or Cash-on-cash return?
Or do they mean they never consider debt pay d...
Hey everybody,Ok, so I'm super new and really excited to finally break into the game, but I'm starting from scratch at building capital. We won't be able to qualify for a typical bank loan for another year and a half ...
Hi everyone, I am a full time investor in Kansas City and my wife is Canadian (from Edmonton). I have had many conversations with her friends about the differences in our markets and have recognized for a while now t...
From what I’ve come to understand, when the seller says, “Let me think about it”, you’ve lost out on the deal.” When somebody gives you a “maybe” or they push you off or they put you on as an option, you’re going to l...
We are buying our 1st Investment property. It's one side of a duplex, 3 bed, 2.5 bath, 2000sq ft., located in a desirable neighborhood. The plan is to buy it with a conventional loan with 20% down, have our family l...
Let's for a moment take the politics out of the plan to allow 4million immigrants to stay here per executive order. I don't want to debate the left or right. I know we all have opinions and most are quite strong eit...