Hey all, so i have a weird situation for you guys: So my coworker owns a property out of state and wants to move to california. He has the property paid off approx. 83% (25/30) not exactly if you account for amortizat...
I am very new at Real Estate investing and have some questions. First off I have 7k in savings and I found an REO property listed for 70k. My question is should I save 20% for down pmnt and get a conventional mortgage...
Hey everyone!
I am trying to buy two triplexes (must be bought together), and the seller is open to owner-carry back.
The seller would like 20% down, however I can't do more than 10% down.
I would like t...
Where do a person score need to be to purchase a Rehab, and how much money do you need to have a closing and how many can you purchase at one time, and is it true that as you fix up the property the lender will give y...
Just wanted to post a brief success story that hopefully will help someone else out. I purchased a foreclosed home with my brother last year for $52k that needed just about everything. We went in as partners and that ...
Hello! I’m looking for some recommendations on an opportunity I have. Here’s the details:Potential Purchase Price: $95kEstimated Rehab: $10-15kARV: $135kCurrent Rent: $800 - well below market. Could be increased to $1...
New investor here trying to orchestrate my very first deal and need to do a renters analysis. What is the difference between Cash on Cash rate & Cap Rate? All advice much appreciated, thank you in advance
Hello All!
I was wondering if you could help answer this question...or guide me to a forum that can help me....as I cannot find it on your website. I am planning on buying a Multifamily 2 unit house as an investm...
Hello Everyone,I was wondering when it comes to a 1031 exchange, can I take the money from the 1031 and use it to pay off my mortgage on my primary residence and then take the rest and buy another property?Someone men...
Hello, I'm looking to get into my first deal and I think Multi-family near my house would be the best way to start. I have developed a friendship with the contractor I'm using for work on my primary residence and he b...