Hello all, I am brand new to real estate investing and I am in the process of purchasing a quadplex, hopefully close by January! I have been researching the subject thoroughly and I came across a website called Cozy....
I have an inquiry on my sfr rental from a young immigrant couple. They have itin number, been in the the states for 8 years and have paid taxes and will to provide tax returns. Claims they have no credit score becau...
So I have a few potential partners, they are bringing the money to the table. Our goals pretty much align, they are buy and hold. We want to use the BRRRR method. I have a few questions:
1. How to structure the partn...
I currently have 6 single family rentals that I have financed through the equity in my home. My current equity in my home is $60,000. My rate is 4.5% amortized over 20 years with a balloon payment due 5 years in that...
First off, I agree with @Brandon Hall, it should be the BARRR method! If you haven't read this article, do so.https://www.biggerpockets.com/renewsblog/forget-br...Here's a quick recap on my situation:My property in M...
Does anyone use this formula when analyzing a potential investment?
I'm looking at different methods of analysis but I'm having a problem at one part.
Here's an excerpt: The percentage of loan paid off in the hold...
I have an opportunity to help my sister who just received a letter that her house will be going to Sherriff's Sale. We are in PA. My question is: Can the sub 2 method still be used when it has gotten that far? I will ...
I would appreciate some advice and opinions on a situation I came across. I recently came across an off market deal in Smyrna Ga. I want the property for my primary residence but will be house hacking by renting the ...
My name is Anthony and I’m in the Chicagoland are, looking for some help with getting my credit score up and some financial guidance. If there is anyone who can help please respond.
Owner financing is like a secret weapon for folks looking to sell their properties after hanging onto them for ages. Instead of selling your place outright and getting hit with a massive tax bill all at once, you play...