I know very little so correct me if I’m wrong.Hard money (HM) loan is usually 75% of ARV. -so an ARV of 330k give us a HM loan of 247k if purchase price is 250k. Not enough to cover upgrades. This is my struggle and w...
I’m typically a flipper but I want to start adding rentals to my portfolio to play the long game. I bought a property with the intention to hold, but the market is just so good right now I’m tempted to take advantage...
Hello Everyone, I am a young investor in New Brunswick, Canada. currently i am house-hacking a duplex in which I have just purchased a few months ago for $200,000 with a 5% downpayment. There is no large renovations n...
Hey BP, I recently started marketing to homeowners who post their property online as rentals. A few of the owners i spoke with expressed an interest in selling their property to me on a lease option. I'm looking at on...
Ok so there is this owner that wants to sell his house to his renter and the renter was going to buy it house was appraised at 440,000 but the owner is selling to his renter for 380,000 now the renter who still wants ...
ARV is about $130k. Rents for $885. Mortgage on the home is $52k mortgage payments are $521.81 Tenants inside, home in good condition but could be updated. Haven't seen the inside yet due to not disru...
Hello Everyone,I am new to real estate and have been studying how lease options work, I have realized that this is the best option for me right now. I want my first step into real estate investing to be a sandwich lea...
OK, I AM NOT ASHAMED TO SAY THAT IM NEW TO REAL ESTATE INVESTING. I HAVE DONT NUMEROUS REMODELING JOBS FOR INVESTORS BUT NEVER INVESTED IN PROPERTY MYSELF. I WAS SEARCHING FOR A HOME WHEN I CAME ACROSS A NICE DEAL. I ...
Hi all -
I'm in a bit of a strange situation, and we really want to buy a single family right now but I am coming into road block after road block. Thought this forum might be the best place to try and bounce and ga...
My wife purchased a rent to own (a year before we were together.) She has a resident living in the home that covers her payment and nothing more. I haven't seen the paperwork on it yet, but judging by the payment a...