I'll be closing next week on a new rental property and went with a 15 year loan (at least for the time being) - 4 bed/3 full bath 2 blocks from the college campus here. Paid 180k for the place, ARV 230k (in this marke...
Looking at at buying 3 duplexes from one owner. ($200k+) This would be my first investment besides my house which has like 35k in equity. I don't make very much ($22k/year). So I'm wondering if the seller financing w...
Hello BP,I have a home under contract in San Antonio and have a question about selling it with owner financing. It's in a great neighborhood (Thousand Oaks) and its an older home but can be rented as is. The plan is t...
What’s my next step for getting into real-estate
A few customers have shown interest in short term rentals and crash pads for flight crews (pilots, flight attendants). I've got some experience with short term rentals but not much with crash pads for flight crews. ...
What, if any, is the "best" - or maybe "correct" is a better term - way to shift an asset or benefit from an SDIRA to personal use? Or IS there a way?My SDIRA is small (less than $15k) but it's the only money I have t...
New to the business/site and was wondering if there's any value in obtaining a real estate license in hopes of cutting out that expense when buying/selling homes. Is this a strategy that is commonly used or is the rea...
Hello all-I recently bought a SFR here in Bremerton, Washington state. It was purchased all-cash from FannieMae (Homepath). It is currently being rehabbed. Purchase price was $105K. I'll put in ~$15K additional in...
Do you secure a property and rehab cost through hard money? Or use a traditional lender and rehab with HM?
I'd like to know if my strategy is a good way to go about my first deal. I found an off market deal and the numbers look good, I'm submitting an offer.$350,000 to purchase $100k rehab AVR $625,000My question is mainl...