Russell Sirmans
Hoping for my first deal
Good evening guys, I'm new to investing, soon to be married, and am hoping to purchase my first deal. I've always had the mindset that I would need huge capital in order to begin investing. BG has taught me that thi...
Michael Dunn
Pay down Credit Card debt, to Increase Loan amount ..........
Good EveningI need some help in figuring out what to do with paying off 2 credit cards, and by doing so.... Increasing the amount that I can borrow for the purchase of a property, by another $10,000 ( I came up with ...
James Blair
Private Lending - Delayed Interest Options
For the past five years, I have been providing private loans to a builder for new construction projects. Our agreement has typically been structured as an interest only loan, where he puts down 25%+ when purchased and...
Marc Ver Wayne
Newbie soon to be in DFW (Dallas), TX
My name is Marc Ver Wayne and I am currently living in Riverside, CA. I am looking in the next 18 to 24 months to move my family to the DFW area for my job and I am looking to purchase our family home (with possible ...
Chuck Astleford
What's my real profit?
I am considering putting an offer in on a duplex. The financials are as follows:Rent charged $1400 totalMortgage(land contract monthly payment) $300Taxes $109Insurance $72Mgt Co $120Utilities (landlord pays one side ...
Spencer Brett
Conventional Mortgage- FHA
Hello, Does anyone have any information on how mortgage amounts are determined? I have looked at some online calculators, and the mortgage amounts shown as available to me seem very low. I am a w2 income earner with a...
Brendan Harvey
BRRRR - Double Edged Sword?
Curious about the BRRRR method. For the sake of cash out, the goal would be the highest appraisal possible. But wouldn't a higher appraisal cause higher monthly loan payments which would reduce rental cashflows? This ...
Craig Conte
Why are Investor Needed in this situation??
I often wonder why people would need investors if they have the money.If a successful flipper who makes anywhere from 70K - 150K a flip and who does like 4-5 a year, then why would they need outside investors? Wouldn'...
Nikita Sharma
Escrow- what exactly is this?
Hello,I purchased my first property recently. In the closing costs, I prepaid for 1 year of property insurance. In this case, I would assume I would not be paying monthly insurance premium for the first year, because,...
AJ Smith
St Paul Househack Analysis
Property Address
588 Lawson Ave E, STP 55130
MLS#
5610704
Number of Units (Duplex, Triplex, 4plex)
2
Crime Rating (Low/Medium/High)
Medium
Prope...