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We have been trying to get a home equity line of credit on our vacation rental property in Cape Cod. This is currently the only property we own and we rent it out for approximately 14 weeks out of the year. It is con...
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I have a seller, very interested selling his properties to me when I showed him a lower purchase price, but higher interest rate on his portfolio. It is basically 10 SFH properties, being sold at 1.2 million, interes...
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My partner and I are just about at the last leg to begin to invest. We don't have money to put down so I'm thinking our only option is to use a hard money loan. Do hard money lenders have an option to be pre-approved?...
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Is this a success story??Great renovation and a gorgeous home with a net profit of $24,906.94!Check out these before and after photos!!Purchase price $275,000closing and holding $31,177renovation cost $98,356Sale pric...
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Just getting started with REI. My go to resource for advice on this matter is a successful CA real estate investor, who happens to be a family member, and he believes that for California, the best structure is an S Co...
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I guess the word "starting" is a bit misleading because...We have a SFH we have been renting out for several years. We have been overseas for 10 years and moving back in August (yay!) So I guess in a sense, we are "st...
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All - I have a moral and business conundrum. I have been in discussions with prospective tenants. They meet my credit score, income, reference checks. We haven't signed the official contract yet, but they have a copy ...
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We have properties in C/C- neighborhoods, so, a lot of prospective tenants come with ‘baggage’ - evictions, criminal records, etc. As a result, once we receive applications with authorization to conduct background che...
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I recently posted what my idea of a "Good" buy and hold deal looks like. "$100.00 per door cash flow after all expenses are covered, is what I would consider a great deal (@Brandon Turner ). To add to this strategy, ...