Let's say I have 500k down payment and borrow 500k, and the monthly mortgage payment is 5800, and out of that, 4800 is mortgage interest, and I pay 2500 annually for insurance and 10000 for property tax, could anyone ...
I spoke to my very first mortgage broker today (referred by a friend) and as soon as we got on the phone I was immediately bombarded with questions about my situation while any question I had about our relationship wa...
I understand how seller financing works, but unsure what the next step after you and the seller verbally agree to doing seller financing. What is the next step/steps until closing on the property?
When it comes to financing investment real estate, a major component is lender options and my best suggestion is research and education.
I entered the mortgage business in 2004, and almost twenty years to the month,...
Hi, a family member and I are considering investing in our first investment property. I've read that forming an LLC to purchase the property is a good way to protect ourselves from liability. However, I also underst...
Hi, I am curious what has worked for most you investors for find properties off market that possibly are 70-80% of the ARV? Has anyone had luck with the following or used a different method? Which have you had the b...
Hello, I purchased a home in Michigan and am entertaining sectioning off the lower level as it's own apartment, and renting it out to a tenant below. It has its own kitchen, bathroom, etc. I would be living on the upp...
Hi all - my wife and I are planning on a April 2025 1031 exchange into a larger (for us at least...like 5-8 units) multifamily unit. An idea we have is, I am burnt out from W2 life, and wife makes great money (+$300k)...
I am new to this forum but have seen some really great posts, advice and experiences shared on this forum. I am new to real estate investing and thinking of starting off by doing a "house hack" via renting out the unu...
Hi everyone
I am a new member on this forum, I joined to learn new things about real estate an am excited to get to know you all!
I am currently preparing to start out my real estate journey and am planning to buy m...