Hey everyone, I know this question can be state or city specific but coming from someone who never did a deal before that is studying my market to find an edge I would like to know what has brought you guys or girls t...
I often here people say as a newbie learn your market first. As a newbie what is the best ways to get familiar with your market? Who should One talk to? What should one do or look for? Or would you study specific areas?
Can you tell me if I'm understanding BRRRR?I have a SFR that I have had for 4 years with a 15yr mortgage with a tenant that I bought for 100k. Some reno's have been done. Payoff is 60k. If I cashout refi for at 80%...
Hello Everyone,I bought a single-family home in Portsmouth, Virginia for $180k utilizing the VA loan back in 2020. Since then I've rented it out for $1500/mo. I utilize a property manager, so I cashflow about $300/mo....
Goal: Restructure existing debt, keep payment around the same, pull cash out for reinvestment purposes (thereby increasing LTV).How: DSCR loan / portfolio loan. Open to other ideas here, too.Current Situation: I have...
In beginning my investment career, am i better served to have an LLC?
Hi All. I currently own 2 SFHs outright (no debt and both in my LLC) and wish to purchase a 3rd. I have $50K but would need about $85K for the 3rd home. I don't want to do a traditional mortgage since the amount is ...
Hello All,
1st post here! My wife and I are young real estate investors from Long Island NY. Aside from our Long Beach Co-op, it’s nearly impossible to scale here because we’ve been priced out of this market and wi...
Okay, so I know much of the advice out there says to leverage your primary home to increase your capital for buying properties. I'm considering going a different direction and paying off our primary home to increase c...
I purchased my home 4 years ago in Montgomery county Pennsylvania. it needed a lot of renovations which took me a year to complete. I have had the itch to find my next property as soon as I finished the renovation. Wh...