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I have been learning a lot about wholesaling in the past few weeks and have decided that I am going to pursue this as my starting strategy in REI. I live in the nicest part of Washington D.C. And the market here has a...
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Hello, recently I purchased two homes cash. The first is currently being rented while the second needs to be renovated. I want to somehow leverage my first house to fix up my second. Is it possible to leverage/get a l...
My parents house is paid off and they’re looking to purchase a new home while renting out the old one. Should they look into getting a HELOC or a Cash out refinance in the old house for renovations on the old house an...
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Hello,I am going to be investing out of state for my first rental property. What's the best way to go about renovating a property when I can't physically be there? Should I hire a property management company first so ...
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Hi BP,I purchased a property this past year that had an existing tenant that was month-to-month. As part of the purchase agreement, the tenant's lease agreement ended 2 days after our closing date. After the tenant ...
Does anyone have any experience paying above asking price with a mortgage and then using the difference to pay for materials for themselves to renovate it. Is that legal or do any projects need to be done prior to exc...
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I have been wanting to make this post for a few months now but been delayed so decided to put 2 of our recent houses in this post. This past summer we purchased/rehabbed/refinanced two properties and both turned out g...
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I am looking for some advice on how to proceed with my current situation. Back story:I purchased my first and only investment property in 2017 using a 30 year conventional loan with I believe around a 5% fixed interes...
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I always enjoy looking at before and after pictures and storie so here is one of my recent ones.Facts: 2 houses 1 waterfront lot for $160k. Approx 35 Minutes to Washington DC and 1.5 miles to one of our many Military ...
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Hi All, First time posting and new listener on the podcast. 7 months ago, I purchased a multi-family home. I live in one unit and rent the other 3. I'm able to live for free and I'm at 1% rule after renovations. Final...