Many years ago, decades actually, people with high debt loads, like us real estate investors, could not achieve high credit scores. The algorithm would limit scores based on arbitrary absolute numbers, like $2,000,000...
Hey everyone, just a bit of background, I'm a full-time high school P.E. teacher/football coach, full-time musician, and working on my REI career so that can take the place of teaching eventually! In any case, I wor...
Investment Info:
Single-family residence buy & hold investment in Philadelphia.
Purchase price: $70,000
Cash invested: $30,000
My first and current house-hack property done while I was a universi...
And borrow the rest from conventional bank? I was considering raising 20-25% from PML and getting the balance from a conventional bank. Is this one of those cases when I won't get approved due to lack of "skin in th...
I reached out to an AD on craigslist and made an offer with the intention to get it under contract to assign to a cash buyer. The seller responded and asked if I was a cash buyer or wholesaler, I am not sure if I sho...
I have a seller willing to do 0% down for 12 months. Payments per month are still TBD, we are discussing potentially 3k/pm for 12 months.
Purchase Price: 825,000.00
ARV: 1,050,000.00 - 1,150,000.00
ARV x 0.75 = 825...
In a recent deal purchasing an REO (Freddie Mac), I encountered numerous problems with not only getting the deal locked up, but dealing with all the Freddie issues as well.
So the new record is this: NINE counters be...
One of the main things guests look when booking a vacation home, is the decoration the home has. The more updated and decorated is, the faster it can be rented and you can justify high prices better. Some ideas are tu...
Hi all - few details about my situation:
- Bought a house with my buddies in Arizona to get in the STR game
- I am the only borrower on the $180k loan
- My 3 business partners and I are on Title, Deed, and in an LL...
Hey Group,
So i'am a bit confused and i was hoping for some guidance. Currently i own a single family home which i bought from a turn key provider. Personally i felt that it was a too hands off, and that i would like...