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Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
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I am in the planning process of building a small home community (650-950sqft) in the Sacramento area. The zoning will be RD-20 (20 units per acre). The goal is to have an attractive option for single family detached w...
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So I found somebody who is an experienced real estate investor who needs somebody with some credit. She has a short sale under contract for 79k and another investor to fund 10% down and rehab costs. My role would be...
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National Association of Realtors Chief Economist Lawrence Yun recently wrote an article stating that we're in a "Bizarre Market" in which he stated "With a strong economy and the lowest unemployment rate since 2000, m...
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I need a kick in the pants. I've salivated in "REI" for about 5 years and I've decided that right now is a good time! My kids are old enough that I can get out of the house for a few hours a week (to which i hope is e...
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I have a question (I will be using fake numbers), say I bought a property at 100,000 and put some rehabbing work in. I only had 10% (10,000) at closing so I needed a 80/10/10 loan, loan value = 100,000-10,000=90k
So ...
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The inflation alarm bells are on high alert, and investors are jittery.Inflation is unavoidable at this moment, with economists forecasting inflation for 2021. Last week Billionaire' bond king' Jeffrey Gundlach warned...
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Mortgage rates declined to their lowest levels in over a year, a sample of more than a dozen industry professionals said they were quoting most borrowers in the high 5% to low 6% range on government loans and in the m...
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I became an active real estate investor seeking out motivated sellers starting around may. Since then I decided to take massive action and judging by the fact that some people think I am crazy I think I am doing a go...
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Lowes and Home Depot offer this at times. Buy the carpet and pad from them and they'll install it throughout the house for $97. I assume the catch is that you can't get a good buy on the material? Have any of you...