Scott E.
I want to make sure I completely understand this 50% rule..
Hi all,
I have found a duplex that I am prepared to make an offer on. It seems that the #s fit within the rule, but just wanted to make certain. If you guys could maybe take a look at these #s, and also suggest other...
Sean Salandy
Burning Bridges With Banks After Refinancing?
I am planning to purchase rental properties by using a HELOC on my primary for the down payment. The goal is to then refinance the new rental property after about 6 months then rinse and repeat. My question is, would...
Nathalie Smith
Has the BRRR strategy gone cold?
Is this strategy nonexistent with these intrest rates no-a-days?
Fiona S.
Ok, I have started my journey 0-200+ deals in 5 years... 3ish a month
I have finally chosen my niche and am ready to go!My aim is to do 1 wholesale and 2 rental deals a month. Give or take.I am going to share here in this post how I am going and whilst having some failure stories (Hopef...
Michael White
New member and have a question on a real estate loan
Hi all - first time poster, and I have a question on best approach. For my current primary household, I used a 401K loan as a down payment. There's 36k remaining on the loan. I am currently putting an in-law suite add...
Benjamin Riehle
Full remodel turned into quick profit flip
Purchased a fully gut remodel from a local wholesaler here in Tucson, Az 2 weeks ago for $105,000. Our plan was to spend $100-$115k remodeling this property and then list it for sale. Comps in the area were in the $28...
Jonathan Guerrero
RE License or Wholesaling?
I've done some research here on the forums and everyone recommends that getting your license is a good first step. However, the startup costs can be quite expensive and it may take a couple months to get your first p...
Kyle Brumenschenkel
Growing Capital
I am a newbie currently working on a business plan and ready to do some deals. I see great opportunity, in my area, in buying forclosures at auction for quick resale. I need capital. I'd like to here everyones input o...
Alana Nevares
Repairs on 1940s and1950s midwest properties are eating returns
We have few single families in University heights, Euclid and Garfield Heights. We should be making about 200 per door each month, however, repairs are compromising the returns. One of the properties was acquired 7 mo...
Account Closed
A Lesson on Liquidity - My P2P Experience
I thought I would share this experience as an example of how investment expectations can differ drastically from reality. Luckily the amounts involved here were relatively small, and it was more of an annoyance than a...