My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...
Where do you think would be a better place to buy and hold property as an out of state investor. St. Louis, Kansas City, Dallas or Memphis?
What's appropriate here? First, I have not signed anything with any agent yet. Second, I flew to a different part of the country to look at properties in the chosen area because the cashflow is much better there than ...
At a recent investor club meeting, a group of investors raised the question - why do Turnkey Companies "flip" their properties primarily to investors as opposed to owner occupants? One person responded, "because the m...
After a year of vague forum posts, let's get personal.My wife and I have 100K. No debt. We rent a townhouse, at $1,700 a month in Orange County, California. Currently we make a combined $160k.Our end goal is to have r...
1st time buyers. We just got approved for our first home loan. We understand that we need to look at many, many, many properties to educate ourselves on what is a good property and what is not. Our realtor is willing ...
Hi all,
I'm purchasing my first property (Milwaukee) and asked my mortgage broker (Chemical Bank) about transferring the deed after the loan is secured. He said I can't do that. And that I'll need commercial lendin...
I'll try to be brief, lol.I'm trying to get prepped a bit before seriously looking for my first deal (wholesale or flip). Background:I cannot get any first time home buyer breaks and can't house hack. I have no high v...
How to avoid large loses in passive investments?
As important as due diligence, analysis, knowledge of the property type, track record of the syndicator, correctly predicting economic trends, and timing is, the numbe...
Is a massive real estate crash on the horizon? Experts are divided, but what do you think—are there warning signs suggesting caution for potential buyers and investors?