So I am 1 year out of college with about $50k in student loan debt (that's is deferred until Nov.). I am currently an active real estate agent in St. Augustine and have been for about 2 months now and just had my seco...
First time post here. Looking forward to gaining as much knowledge as possible. Last July I purchased my first investment property. It’s a 3 family (3br, 1br, 1br). Newer roof, siding, windows. It’s an early 1900s hou...
Hey y'all, these past couple months have been really crazy, with inflation being so high, the Canadian bank is likely to mimic the U.S 75 basis point rate hike, meaning that mortgage rates will probably go up and home...
I'm trying to figure out how the seller is coming up with their figures.What would you pay for:Multifamily in a small town, low appreciation potential, 3 commercial storefront units and 10 apartments. 8 single bedroo...
Found a foreclosure that I think I might be able to work into a great deal. How does this sound: Cost of duplex $30,000. Loan for $70,000, so $40,000 in rehab. I believe the house would be valued at $100,000 to $120,0...
I'm spending a few months along the west coast of Florida this winter, north of Tampa, and plan to look at single family houses, as well as small multi-family properties. Can anyone advise as to the health of the ren...
3 bR 2BA buying for $35k, needs $25k in renovations. Should appraise for $110K. Rent is $1100. Need to borrow $50k from Hard money lender, but plan to pull $70K out from the refi. Am I on the right track? sanity che...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Meriden.
Purchase price: $277,500
Cash invested: $18,000
House hack #1
Current cash flow: $2000/mo (2 of 3 units)
Project...
so I just saw a property come on the market for 13k ! doesnt seem to need more than 20k or so in rehab .im just unsure because I hear conflicting things about investing in 2 bedrooms.are could be between 50-60k maybe ...
Quick question here. If I open an SDIRA, how much of the balance can be used for investing? Can I invest it all and have a zero balance, or will I need to keep a certain amount in reserve?