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In an era where economic indicators such as interest rates seem to sway with the wind, the real estate market remains a beacon for savvy investors looking for stable and lucrative opportunities. With expert insights f...
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For the last 3 years investing in real estate, I had 2 major goals I wanted to accomplish: 1. Complete an apartment complex syndication & 2. Own 25 units by the age of 25. As of this week, my partner and I closed ...
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Hi All - Happy Wednesday, I had a quick question on how promissory notes work. I own 2 properties in Long Island, NY with a partner and originally decided to split the profit 50/50. Property 1 is for sale, while prope...
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Based on our prospective applicant's initial contact he quoted 600 as his credit score and in our ad, we stated we were looking for 'good' credit. His credit came out at 530 with other delinquencies, judgement and li...
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I'm looking for some advice. A friend from out of state is in the process of doing a 1031 exchange, he already has an attorney handling the 1031. This friend reached out and said he'd like to invest in 1-3 properties ...
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My husband and I are thinking of purchasing a STM. We currently own a primary residence, but we plan to sell it and buy a bigger home in a couple of years. I'm concerned that buying a STM would impact our credit and D...
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Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus. Does anyway kn...
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Hey y'all,
Looking for any help and advice with this process, I want to use my 401K Schwabb from my previous employer and reinvest it into a multifamily property in southern california. I understand this takes creati...
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Hi, :welcome:
A series of economic factors have succeeded in pushing down mortgage rates still further. The average 30-year FRM declined by six basis points to close at 6.27%. The average 5/1 ARM also declined to c...
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Hey BP,I'm having issues collecting rent due to Covid 19 and the eviction moratorium. I was in the process of evicting my tenants before Covid 19 hit but when April came around everything went downhill - tenants stopp...