I have been doing some research as I am new to REI and have come across many articles and recommendations about purchasing tax liens, deeds, etc..is this a good way to get started in REI? What are the downfalls, if an...
Hi All,I am forming a partnership with an 1 other investor to acquire a property. I'm having trouble determining the best structure for the partnership and if I should be forming a LLC, a Joint Venture or both. Is the...
Starting my first flip. ARV is 190,000. Got the house for 100,000. Rehab estimate is about 30,000 if i pay a contractor. I had a contractor walk the property and said material cost is about 10-15,000. I plan to live i...
Is there any great advantage to opening a LLC vs. Sole Prop. other than protection form pesonal loses? I have a Sole Prop. now for my business unrealted to Real estate. Now wanting to venture into RE, I want to keep t...
My business partner and I are looking to flip our first house. What would be the biggest things to look for. We have limited initial cash flow but all the other pieces of the puzzle are in place. Any suggestions? Als...
Hello Everyone,I am about to enter a joint venture with a partner on a property. The loan will be financed under other parties name, but we will be equal owners of the property. I am looking for a lender that is willi...
I currently own 2 investment properties.
Property 1 has 85k market value with 43k left on the mortgage where we clear about $149 after tax, ins, and mortgage payment. It's rent is under market by about $50-$75.
Pro...
I am targeting homeowners with dilapidated homes that need repair and offering to pay for the rehab and split the profits with them at the end of the project after the sale of the home.
Any idea what this would be c...
I'm starting a joint venture with someone where I will be the primary investor on a house flip. I haven't done this before so obviously I want to be protected legally since it's someone I just have met (on here). The...
I am an Operation Enduring Freedom Vet. 8 years active in the Navy. After I returned from a year in Bahrain I got stationed in Ga. I got out a few years later in early '06 and found myself in the mortgage business ...