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Some one who is willing to loan me money has an annuity, but is unsure how much int they are earning. I obviously would be paying a higher interest then she is earning. Lets say she had $29484.00 at the start of t...
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Last year I opted to turn my primary residence into a rental and purchase a new primary residence. In the next year or so I’d like to acquire another single family rental property in my immediate area. At the moment h...
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An odd question, but what would a responsible RE investors consider to be a good % of the value (market price, not equity) of your primary residence compared to their total net worth? Example: For quick & easy m...
I live in France where banks will not allow you to pay more than 35% of your monthly net revenues towards a mortgage (even if it's for a cash-flowing rental property). Sigh...
I'm at my limit due to my PR, but my boy...
I'm in the process of drafting a prenup; I currently have two LLC's, with a total of five houses combined valued at roughly $900K, half of which is mine, half belonging to my business partner; I also have two rental p...
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Hello All, I am relatively new to real estate and had a question related to Credit Partnering. I have been approached by a real estate investor (A friend whom I trust) who would like to structure a setup where he find...
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I want to begin rehabbing houses. I know I am not at the point where I can start because I need to educate myself more on the subject. I know that I would need to utilize a hard money loan as my best option for the ...
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Hello All, I have a 6 unit apartment that is worth between $150-170k. The replacement cost was calculated at $600,000. Should I insure at replacement cost or around actual value? Do I hedge by using depreciable ...
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I have a rental property (7 rents) that cash flows (gross @65, net@ 35), and the old owner holds the note. I gave her 100k and 8% for two years until I could do a refi when My credit got over 700. Now credit over 700 ...
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Hey everyone,
Curious to hear about your approaches to partnership payouts on deals. When you've agreed on a percentage of the net for a partnership, do you typically share all invoices, or is there a preferred metho...