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2% - 50% rule Question
Hi folks, I have heard this rule this week for the first time (THANKS) and have been reading all the forum posts I can find about how it is used to screen etc. Will bevery helpful in convinci...
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Just an introduction of some new members.My wife, Aletha, and I are new to Real Estate Investing. I'd like to introduce us on here in order to find like-minded individuals to learn from and network with throughout our...
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Hey guys,I was planning on getting into wholesaling as a start by bird-dogging. I was just wondering what happens if I have a buyer ready to buy a house on contract but something goes wrong and I don't have a buyer be...
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Investment Info:
Single-family residence buy & hold investment in Warner Robins.
Purchase price: $118,000
Cash invested: $35,000
Single family home.
What made you interested in investin...
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I have been wondering what would be a better strategy, making two extra mortgage payments/ year or using that money elsewhere. I'm going to use a basic mortgage calculator for the doing the math on this example.If I h...
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It seems that the general consensus for a rental property loan would be a 30 year loan, and I used to agree. The idea is that you can use the cash flow to pay the loan if you want to, or use it for a higher returning ...
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I am brand new to real estate. I have been listening to bigger pockets podcasts non stop for the past 4-5 months trying to teach myself wholesaling and six and flip. I have yet to execute my very first wholesale deal...
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Is there a type of license that you need to have to be able to do a owner finance for homes or mobile homes? If so what license is that?
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How does capital gains tax work for a land contract sale?
If a property was purchased say at $50,000 and then sold via land contract at $ 90,000, assuming everything simple, and there is a capital gain of $40,000.
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Hey guys, I need a little direction here. Looking at a great condo in a downtown area. Found the same one on airbnb, seems to rent really well and the area gets great reviews. Seller is asking $109,000, Up to 6% closi...