Hey!Bought a house in Cash - 152k. We put 17k into it. We have 2 options currently:Rent the property for $2,050 / month and cash flow $519 / mo orSell the house for 230k and we hold the paper at 6.5% for 3 years. Ball...
https://therealdeal.com/miami/2017/03/29/thor-equi...You see this large firm? Okay so they bought this property for $15 million. It is 5,000 sq. ft. and rents for $300/sq. ft./year. (It doesn't actually say the rent f...
So I have someone that asked me an interesting question. He is considering buying a property that has a tax Lien on it. The seller is asking 38k for his property and if he bought this property regularly, all cash $38,...
Recently I´ve read two books that I think are a "must", The E-Myth (Michael borger) and The MIillionaire Real Estate Agent (Gary Keller). Specially for us the new ones, I think they can both help you to start your bus...
I am under contract to purchase a new primary and using private money for 80% of the purchase price. I've been kicking around the idea of applying for a HELOC immediately after closing instead of waiting 6 months for...
I'll try to keep this as short as possible. My wife and I bought a foreclosure in Florida recently, while we were going through the process of closing a neighbor that lived down the street put a lien on the house we ...
Anyone who has studied or done much investing at all has heard of the principles of dollar cost averaging and diversification. These are not flashy principles or get rich quick schemes. These are methods financial p...
As I was looking for information on developing a mastermind group, I started reading (listening on audible really) to The Success Principles by Jack Canfield. As I was listening to the book, one concept really stood o...
Hello Everyone,
I've completed 6-8 property flips in the wider DMV area, purchasing properties from foreclosures and the MLS. One notable project involved a complete renovation, including the addition of 3 full bathr...
I just got a deal for 3 beds 2 bath rental property for $247,500. The estimate rental is about $1,550-1,700.My interest rate is 6.375%. My lender want me to buy down 1% with $1,800 Which make my interest 5.375%.I aske...