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The book i am reading said that if you take into account a 5% appreciation rate of property, you can potentially become a millionaire by buying 1 100k house a year with 10k down payment for 10 years.
my math is awf...
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Hello everyone!I would like to take an equity line out on my rental house to fund a down payment on another property. I still have a balance on the first loan, but there is a ton of equity in the house. My only inco...
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What are examples of successful direct mail marketing that are used for personal investment? For instance, my family and I would like to invest in a certain area of town. How would we best market ourselves to find pro...
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I've heard the term sweat equity plenty of times before and I understand it very basically as working your butt off in exchange for discount on the price of the home. But, I really don't understand how a deal is wr...
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I'm Jeff Stone. I live and have some properties in north Georgia.I own a large parcel of raw land which I bought from a bank (no specific plans for it yet) and a rental property in a college town (which currently hou...
Hello BP,
I'm not an investor yet, but my wife and I are considering holding on to our first home when we move to a bigger place and renting it out. When we move, we'll own the first house free and clear, but are c...
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So I'm new to this, bear with me here.I'm trying to understand how to think about equity in a new construction. I've seen folks say things to me like, we spent 400k to build and then the house was appraised at 550k up...
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I have a paid off rental (approximate value $150k) that I was wanting to use the equity as a down payment on another rental house purchase ($200k purchase price). Is this a common thing most DSCR lenders can do? I d...
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Hello everyone I think I may have found a sub2 deal, problem is I never done a sub2 deal. I've located a home that does not have to much equity so I figure that sub2 option might be a good idea.
My question is coul...
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I am 17 years old and very new to real estate investing. As I listen to more podcasts, read more books, and watch more videos, I have more and more questions. The following are things I heard or read that I didn't und...