hi, I am new to BP and REI in general.Wanted to see your thoughts on where to begin on a limited amount of money and no credit: let's say 15k cash available. - Buy a foreclosure for 10k and put 5k into it?- is there a...
Is it possible to buy a multifamily outright with cash and then heloc it to recoup your money for the next investment?
When using a 1031 exchange form, do you have to use the full cash amount you are getting from the sale transaction , or can you use just minimum required for the new purchase. Sample; capital gain is $150K minimum dow...
I assume the loan would just become the debt of the estate. Would it then have to be paid off in order for the heirs to close the estate through probate? Or is there a way around this?
I want to get cash between 100k - 200k from my property, and I will use the money to purchase more real estate investments, potentially out of state. I currently have options for either doing a cash-out refinance or H...
I have read about flipping homes ect, I understand this but when i go to message boards i see tons of people getting stuck or just doing it all wrong. Lets say I have a motivated buyer in Michigan( where I live) I go ...
Hi All,I am brand new to REI and just starting to learn the basics (catching on pretty quick!) I have $100k, but need help on where to begin. I am interested in flips and rentals (preferable multi-family) initially, b...
Investment Info:
Single-family residence buy & hold investment in Victoria.
Purchase price: $630,000
Cash invested: $60,000
2 Condo Units, 507 sq/ft, 1-bed, 1 bath
What made you interested ...
There are two residential properties owned by the same seller we are interested in purchasing. He has listed them separately but is offering them as a package.Before we enter any form of contract, here lies the questi...
My mortgage is $642.04.
Principal is $171.81.
Interest is $295.76.
Escrow is $174.47.
Interest rate is 3.5%
Does this interest cash amount each month seem crazy high? I thought I would...