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I have a $1m house paid off. 830 FICO.
If I cash out refi, I can easily get a loan for $300k to buy a fixer.
After spending $50k out of pocket to repair, ARV is $500k. I want to further leverage the increased equity...
I'm confused about the tax advantages of rental properties as compared to stocks. For the following, assume I buy an SFR with 20% down, rent it out, and sell after 30 years.
I'm taxed on the "profit" (I'm not yet sur...
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I'd like to get the forum's opinion of what everyone thinks is a happy medium for equity in an investment property. I don't want too much. A good source of capital is refinancing current properties.
I'm alw...
The idea is to get a house at a discount of 30-50%. But how am I going to get the house at such cheap of a price when theres hardly any equity in these pre foreclosures?
ANother way I could do it is agree with take ...
I have been listening to some of the podcasts, and I've stumbled upon this financing option for B&H through private lenders. I want to know if I understand this correctly, so please chime in if either I'm right o...
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Hi everyone!
I have a couple of questions about how to best structure a privately financed fix-n-flip deal and how the mechanics of the deal should work. I am just getting started in real estate investin...
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Hi Team, I would appreciate some feedback and insight about Little Rock Arkansas.Which areas are good to invest in with good quality tenant demand? Say B+ areas. How is the local economy doing?Employment?What yields c...
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Dear Agents - I'm looking for a real estate agent and I've spoken to three of you. I've spent a ton of time communicating my very specific intent and requirements in a property as an investor and each of you have sim...
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Does anyone have experience with LoanBidz as a lender?
Thank you
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Hi guys
I'm considering this one.
Area is safe.
15 units, 2br each 800 sq ft, 1 bath
Rents 600 each
coin laundry in basement.
All updates are done. Needs nothing.
The asking price is 750K
Is that price good?...