So, my marketing has paid off I got my first off-market wholesale lead. They are far behind (6 months) on their payments and facing potential foreclosure. Nothing official has begun but time is of the essence. The loa...
Question on understanding the BRRR method from a high level. For example, and I’ll make it very basic and I understand it’s more complex than this but, if I buy a house for 50k, put 20k into the rehab, and say it’s do...
I have a two unit investment property that I paid too much for in 2015. Small unit is an Airbnb, large unit is rented full time(pre-pandemic both units were Airbnb but renters are decent now and are low maintenance). ...
Does anyone have any experience getting a second position line of credit or cash out (line of credit is preferred) on a commercial loan, or more specifically a package of single family homes? My situation is that I ha...
Hi guys,I want to offer my land plot to a developer. The deal is as follows: I transfer construction rights to him in exchange for a share in the completed development. The planned residential building will have app. ...
My wife and I sold a 4 unit apartment and left with about 500 K in equity with total sale of 1.08 M. Plan is to buy total of 2 M in real estate through a 1031. Prefer California and but open to other areas and other t...
I'm just about 62 years old.I have $266,000 in a 414h account. This is like a 401k but for government employeesI have 50k in assorted credit card debt. cc interest ranges between 14 and 22%.My salary is just under 1...
Hi all just found your site a few days ago. Have already learned much. I am 45, married with two children. I have had my ups and downs in life. My ambition is to get into rehabbing houses and sell them for a profit. M...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $56,000
Cash invested: $10,000
Pre-foreclosure property redeemed before auction. This home featured a swiss ...
I am wondering about how some members go about deciding when to sell SFR rentals in order to move up to multi units. I have 2 SFR rentals right now. On the first, I bought for 125k, owe 90k and it is now worth 225k = ...