Hello, I am a newbie here looking for some advice. My best friend, his mom and I are going 1/3 each into a rental property (our 200k offer for a duplex in MA was accepted this week). His mom is getting a conventional ...
Hello, I am trying to better understand raising private money. To my understanding there is debt or equity methods and the debt method is more straightforward so let's start there. In my situation for this example I a...
What’s the big deal if you sell to a buyer who will pay off all underlying debt and liens?
Not talking about selling a sub 2 to your new buyer in a wrap/wraparound where you are still involved.
I have this interesting inquiry If you buy a house, fix it, and sell it to your husband so he could rent it out, the house will stay in the “house” what are the steps I should take to do this since a realtor wont be i...
I have a somewhat unusual situation. I have a couple of properties in a relatively new middle class neighborhood (started building out in 2005, finished up in 2015, I bought my properties in the 2008 to 2011 time fram...
Hi all,I am in contract on a 3 unit MF, during inspection it was revealed that the main water shutoff in the house was broken. I asked the seller to fix, the seller looked into the repairs, and it was later determ...
Hi,
I found a reasonable deal with an above average cap rate (5% vs 4%) that will have a positive cash flow with the current market interest rates. Will send out a detailed post on the deal to get input on the number...
I have family that has $25K extra a month they’re trying to “figure out what to do with.” They also have $350K in equity in their home they could work with. My husband and I have spent the last year and a half researc...
New old guy to RE investing. Live in S FL and work in Central FL. Looking to buy first income property. My goal is income replacement so that I can retire some day. I'm interested in SFH and multifamily as well. After...
New to the forums listened to the podcast for a few months. I have a down payment set aside for a property but can’t get a loan because my job history is a little short and I’m self employed but my credit is great. Fo...