Account Closed
Financing First Deal (employment history)
Hope this is in the right forum.
I will be travelling for an extended period of time after which I will focus on my first deal. I have a concern with financing this deal.
Let's say I have a solid employ...
Lawrence Rutkowski
Analyzing 25 Unit Apartment Complex
Hello all,I am looking at acquiring my first apt complex and I'm not sure exactly what information is necessary to provide to my money partner.I already have a vague picture through having effective gross income/opera...
Dulce Beltran
How to Value a Multi Under Construction & Vacant
I came across a 14 unit Multi completely under rehab and for sale at $2.4M. Current investor replaced sewer line, plumbing, electrical, added HVAC (had wall units), new siding, a few units have insulation, others down...
Byron W.
Should I avoid opening a new line of credit for my business?
I have a very small business that I'm looking to expand upon. Currently I'm only grossing about $600 per month. However, I would like to expand my services by opening up a line of credit with a bank that would allow m...
Sergio Rodriguez
Another Newb from Bay Area, California
Hello Everyone.I missed the New Introductions when I started posting green questions. So I want to come back and start here.I currently am a part time employee at a Dry Cleaners and an Uber Driver in the Northern Peni...
Ryan Franklin
Advice for a new investor eager to start slinging deals!
I am a looking for advice from seasoned/successful investors regarding what they would do if they were to start over in my current situation. I will try to include as much relevant information as I can.I have $100k ca...
Reaz Ahmed
Newbie from Los Angeles, CA?
I ended that with a ? since I'm unsure if I qualify as a newbie. Outside of my residence, I've tried and tried to invest in LA over the years, including pooling resources with close friends, but have had no such luck....
Dominick Tanella
FHA loans and W2 income
Hello all,
I have been looking at multi-families recently with hopes of house hacking via an FHA loan but I have been looking through the forums and learned that FHA requires 2 years of W2 income. I have consistently...
Christopher Norris
How do you come up with the down payment for rental properties?
So I am looking for some advice. We are trying to purchase rental properties to pay for my children's private education. We estimate that we need roughly 9 more properties that generate $300 / month in cash flow to m...
Lauren Joffe
What is a good COC% for New Investor
Hello Everyone,I am just starting out and looking into buying small multifamily properties. I found a potential property in Arlington Texas that I could use the BRRR method, however after putting aside for, maintenanc...