Here's the scenario: I am purchasing a house from a seller for $198,000. He owes $158,000 on the mortgage. Can I get a loan for $198,000 and instead of putting 20% (roughly $40,000) down with the lender will the lend...
I have a 3 family/Triplex and the owner transferred the deed to me. Now that I own the property I can wholesale it or fix and flip. Since I will own the property my questions is:1. Have anyone executed the strategy w...
After reading, researching, and adding information for ROE calculations I realized the % goes down every year. ROE is opposite to ROI, year over year. I based my calculations conservatively for a rental property we ow...
Hey Everybody!I am a total newbie to real estate and investing but am quite motivated to get into the game. I’ve spent many hours reading, listening, watching, and practicing analysis of potential property investment...
Hello!I am currently looking into possibly buying SFH for buy/hold vs. doing new construction (buy/hold). The city I am currently in has lots of plots of land for sale that are fit for a SFH. I am looking at affordabl...
Background:-My wife and I have two single family rentals in Fort Worth TX where we live. -After PITI and 10% for maintenance/capex the rentals combined cash flow $575/mo or $6900/year which is approx 2.6% return on eq...
I have a potential property I want to fix and flip using a hard money loan at the following terms: 4 points, 15% interest rate, LTV 70%. Purchase Price $415,000 (Acquisition + Skin in the game )ARV $550,000Rehab $50,0...
Hello,I am new to the game here, I am wondering what you all think the best way to find my first deal would be? From what I have been reading, there are plenty of ways to go out and find deals. I realize maybe a whole...
My partner and I (my son) is starting to kick butt in wholesaling here in metro Atlanta. The problem we are having is, great buy and hold opportunity have come up and we are missing out on them. We need a private lend...
Hello, I am BRAND new to Real Estate. I am looking to wholesale and eventually flip/ flip and hold. I am looking for ways to get more acquainted with how the financing side goes and what steps I need to take in order ...