I have a scenario that I could use anyone's help with. I understand the ARV x 70% - repair formula, but.....here is my dilemma.I found a house owned free and clear by the seller and he's asking 89k cash. The house is...
I got my funds and goals in order , I want for a 2-3 family in New Jersey or staten island using fha loan.My question is how do I get pre qualified ,because I don't want a hard inquiry on my credit yet cause I haven't...
Following up on my last post here. In the spirit of brevity, I'll bullet poi nt my current situtation:-House hacking a 3-flat in Chicago; the rents pay the mortgage and I profit 40 dollars a month-If I move out, the b...
Greetings!I am an infill home builder in Portland, OR. I aspire to transition into commercial mixed use development.We've had some great success with sourcing deals via direct mail campaigns for single family homes.In...
I would like to learn and network to explore private money lending. I am an investor in the northeast and looking to be real aggressive in the coming months. What are some good questions to ask private lender?What are...
Hi everyone! What a great community! I am a first time poster newbie real estate investor form Delaware. We have one small 2 bed 1 bath rental house that used to be our primary residence, but now we are renting it out...
Hello-I’m looking at a 4 plex with an asking price of 950K (California!) and annual rent of roughly 77K. As I read through the forums and google, I’m seeing 1% rules for cash flow and 50% rules for NOI and expenses. ...
Hi everyone! I have been reading many forums and want to thank this community for working as a team, helping each other get more knowledgeable about various topics, and helping out individuals who are just starting ou...
Is there a good software out there that will populate contracts and other forms? I know of Zipform, but you have to have license to obtain. Is there anything out there that is open to anyone for purchase that works ...
Has anyone used Business lines of credit to purchase any of their rentals? If so please share your experiences with doing so, and what would you do differently?