Hi All, I close on my first investment property in three weeks, and I'm wondering if it's common to inject a certain amount of reserves in the property's bank account right off the bat. Purchase price is $122,000 and ...
I am in the middle of a Live-in flip (purchased in October of 2019).My original plan was to wait 2 years to avoid capital gains taxes. I am just worried that we are in a bubble and I want to capitalize before it pops...
Far north Texas area, Grayson County Got the property very, very cheap. It was currently rented when I went under contract by a 5 year tenant. Many, many homes in the area have foundation problems from 4-7". I have to...
Hi,
So I am putting together my first rehab using hard money.
However, I don't want to sell, I want to refinance and hold it as a rental property.
How should I arrange this with my hard money lend...
My name is August. I'm 32 years old and live in Tallahassee FL. Fairly new to real estate and have done much research on this site, enjoyed it so much, I became a member! And i NEVER sign up for forum sites.
As ...
Can you invest in Real Estate Using 401k/self directed IRA's? Have $130k in former company's 401k fund that was looking to use on Brrr. Thoughts?
So I'm just starting out, about to make my first offer on a house. It's a foreclosure, I'm going to offer 140k. The house should sell for 260k after it's fixed up. The kicker is that it's going to need about 90k in re...
Hey All... Thought this might be an interesting post considering the roller coaster market we are currently in. Curious your thoughts on how I could have approached an offer I recently made on a property or if you ha...
Hi all,
I have a townhouse I purchased in the midst of the pandemic. I put 50k down at the time, and now the property has ballooned up in equity. I probably have about 185k in equity at the moment should I sell.
...
I have a plan to take out 20 k from my retirement fund to take care of Debt and fix credit. The rest of the money I want to put towards raising the value on my paid for home and then use that for equity to have more m...