Over the past five years, significant changes have occurred in the realm of self-directed IRAs (SDIRAs) and Solo 401(k) accounts, particularly following the introduction of the SECURE Act 2.0 in 2022. Consequently, he...
Hello
I recently have a rental property with tenants for over 8years. The wife and I are looking at performing the BRRRR strategy. I’m a tradesman that works for a contractor and have 20years experience in Reno’s and...
My personal home (400k) closes on 9/20/19. I just closed last week on my first duplex on 4 acres $140k. I need $25k now to start renovations so we can owner occupy one side of duplex when we close on our house. How ...
Anyone flipping/rehabbing in the 500k to 3m dollar range?Who is flipping/rehabbing single family or multi family homes in the 500k to 3 million-dollar range? Background: Rehabbing homes in CT for first time home buyer...
Sorry this isn't directly related to RE, but I know there's folks on here that will have some good insites on my situation. An opportunity recently presented itself to partner with another couple to open a restaurant ...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Norfolk.
Purchase price: $427,000
Cash invested: $138,000
Snapshot Metrics:
1% Rule = 1.34%
Purchase Price: $427000
Estima...
My husband and myself own 1 small 4 unit apt building and 3 rental homes besides our home. My husband has been managing the properties plus working on 1 or 2 homes (fix and sell) in the past year. Profit was ok, but ...
My partner and I own a 79 unit complex in Southeastern Indiana. We bought it last February for $1.8M and have done approximately $1.5M in renovations. We are in the final phase and need another $200k to finish th...
Investment Info:
Single-family residence buy & hold investment in Gilbert.
Purchase price: $266,000
Cash invested: $60,000
I partnered with a friend of mine who will do the labor/remodel while I ...
I bought my first home/rental property 2.5 years ago with an 30 year FHA mortgage. I only had to put down the 3.5% and I am currently renting out two units while I live in the other (triplex). I do have PMI ($105) for...