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Good afternoon everyone,
I purchased a rental last year for 55k, put about 3.5k into it and brought the rent up from $750 to $800. We are currently cash flowing $425/month off of the property and the tenant is a good...
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Hi, if I sell a house on owner financing with a balloon, but the homeowner owns just 90-95% of the house (investor keeps the rest), will the bank have no problems loaning against the homeowner's equity share, or wi...
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I made the mistake of bringing up the idea of real estate investing with strictly unbridled optimism. My wife has a bit more of a conservative and scarcity-based mindset with money in general. I do intend to share the...
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So I’m trying to get into real estate I’m going to be using a hard money lender to buy my first property. Now starting out what should I do buy fix and rent or just fix and flip I eventually want to do both, but wonde...
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So we entered a contract to purchase a house paid rent on it for 2 yrs with option to purchase had to purchase December 2019 and since June we have emailed texted and called about doing purchase was needing payoff amo...
Hi everyone,Myself and my girlfriend are starting our REI adventures this year, we've saved some money, and preliminary discussions with the bank manager sound very promising for mortgage approval. Prior to starting t...
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Last summer there was a lot of discussion of how the Dallas city council was amending the city's housing ordinance. (See article for more details.)Now that the ordinance has been amended and is in effect, how is it im...
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Hello,I just purchased my first renal property about a month ago with inherited tenants. I also kept the property manager on for the first month as I was hoping to ease into management. About a week after I bought ...
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BP, I just found a deal in Waterbury, Connecticut. Two townhouses FSBO. Initial research off pro forma shows an 8.2% cap rate. I'm intriqued and want to now dig deeper. I know NOTHING about Waterbury, Connecti...
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My wife and I are working on getting started in investing. We have been approached by a lending company for funding to help start our business and fund deals. We are approved for a good amount. Only thing is it is ...