Happy Sunday!I was recently in the process of gaining a pre-qualification for purchasing an investment home (buy and hold rental). Our starting target range ~$100K. I spoke with a lender who was referred to me by my r...
Where I am buying, the sellers will negotiate better using cash to purchase. The last home I received most my cash back using Delayed Financing, (which is pay cash, rehab, then finance within 6months). My issue though...
title says it all i have a fourplex under contract and upon seeing the location was not thrilled to see that it was in kindof a ghetto area and kinda run down. However the numbers and cashflow are very good. The alrea...
On Ally, their savings accounts are 1.75% right now. I was looking at their other products... why would anyone even consider a money market at 0.9%-1.0% and CDs that are <1.75%? Is there something I'm missing abo...
I'm constantly reading on BiggerPockets investors saying you need to buy rental property, break even, and hope for appreciation and/or lower rates in the future to cashflow. WRONG!!!
I'm here to tell you I'm still fi...
Hello all,Not sure if this should go into Personal Finance or not. Anyway, question is as stated - does your hard money loan count negatively towards your DTI ratio? I am wondering specifically in the context of if y...
For those of you who created a wholesaling business, how long did it take you to transition from your 9-5 job into working for your own wholesaling business full time?
How long did it take in months/years and how muc...
Particularly in the California and Arizona real estate markets, where bidding wars for investment properties are the norm, real estate investors can’t rely on banks to fund new purchases. Although some real estate inv...
Hi,Just signed up yesterday, and the amount of information available has been a bit overwhelming. As I read the various articles and hone in on what I REALLY want to do I'm hoping I can get some advice. My goal is t...
I would like to start investing in rental properties full-time but am not sure how I would be able to pay my bills if I quit my job. I am curious how some of you made the jump to full-time RE investing, and wanted...