Hello, I adjust going to work with a company to handle my LLC tomorrow and it should take 7 days, but this Thursday I am going to see a property, using the gas milage and a hotel which could ne expensed. Is it a big d...
I own a 1.4 acre piece of land in a small town, Fabens, near El Paso and I'm contemplating constructing an apt house on this land. Land is level and has all utilities.I'd like to pick the brain of someone who has actu...
Has anyone use a 2nd loan to cover the difference in Down payment ? I’m looking purchasing my first multi family unit home. I’m looking into a 4 unit multi family home in the contra costa area and planning to live in ...
So I’m having some analysis paralysis with looking at a Cash out refi vs a HELOC on my primary residence. To paint a picture, living in a townhome and will rent it out when we move in 2-4 years. I want to take advanta...
What is the formula for percentage rate of ARV. I've heard the standard is 70%. But then I hear that rate may have to be adjusted. And please give example. Thanks
Howdy! My good friend/business partner and I are finally done being victims of "paralysis by analysis". We plan to partner together to purchase a small multi-family in Buffalo, NY. He would be an occupying borrower an...
In the latest podcast as a rule of thumb it was stated that the monthly rent should be equal to 2% of the purchase price in order to ensure the property will cash flow. I'm not sure this works, especially in my area (...
Investment Info:
Condo fix & flip investment in Towson.
Purchase price: $130,000
Cash invested: $180,207
Sale price: $205,000
Purchased a condo for cash and completed a fix and flip. Cash inv...
Looking to pull the trigger on my first purchase, and BRRRR appears to be the best strategy for our situation. But I'm running into roadblocks in terms of the financing on the back end and the numbers still making se...
Hi guys,
So, the wife and I were talking, and I brought up an interesting point. How did fellow investors, or our forefathers if you will, become successful in Real Estate when interests rate were high? I.E. ...