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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $160,000
Cash invested: $25,000
Sale price: $260,000
Contributors:
Peter Vekselman
Partner Driv...
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Hi guys, I'm an out of state investor and have one property in Detroit. Currently have a tenant that use to be section 8 as of 3 months ago so there aren't any rents coming in. Anyways for whatever reason I haven't be...
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What should we be worried about or watching for in regards to the U.S. real estate markets? I haven't been keeping up with the details (and even if I did I wouldn't truely understand the correlation) but I'm in the m...
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Hi everyone,Wasn't sure what category this falls in but financial planning seemed appropriate.I'm starting a 4 members LLC for CRE purchasing. We are of the mindset of buy, hold, refinance indefinitely. I heard one ...
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So I just closed on my 1st SFR last week, and am hoping to have a tenant in by June 1st. A couple questions I have.I was going to set up my LLC within a couple months as I plan to grow this into a full time business ...
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Can purchasing a rental property, cash deal, effect my ability to purchase a primary property.The cash purchase has no impact on my seasoned funds or my down payment because I’m utilizing my VA certificate to purchase...
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Here's what we're being offered by the mortgage broker we work with. Is this worthwhile to do?
- Our current payment will go down from $1287 to $1154 - so about $134 in cash flow savings.
- no closing costs. Our brok...
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If I buy a property "all cash" or "no financing", there is no cash on cash return (COC) , correct?
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I have a home in the bay area that i bought with a conventional loan. i have about 150k in equity in the home and i am renting rooms. how can i pull out the equity in the house in order to convert my home from a prima...
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Hello,Im looking to take the leap and start investing using the BRRRR strategy here in Central, New Jersey.I have read multiple BP books and feel like I have a good amount of knowledge. While i have lots and lots of m...