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Hi there, I was recently interested in investing in a ten unit complex, and the lender I was working me with quoted me @8.5 percent. Also, I’ve watched the SFH market go into the 6-7.5 percent rates.however, when I wa...
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Thanks to bigger pocket, I got a personal loan from bigger pocket network. However, I am not sure how to handle personal loan in house purchase. 1.Should I ask for a preapproval letter and attach the letter to my con...
I'm in the process of buying a duplex and a single family home in MS. They're both already being rented and have been for almost 3 years. I live in a pretty low income area so most rental amounts are around $500-$60...
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Hello Everyone! I hope this is the right place to ask this question. I rent a friends home (lives out of town) and she is going to sell the home. She asked if I would show the home and if I close it without a realtor ...
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I have a duplex that generates $2800 a month total. My expenses are $1800 total a month. I have a loan of $270,000 at 4% for 30 years. I am trying to figure out my ROI and if it makes sense to hold on or to sell. And ...
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Hello, I have some beginner questions about the BRRRR strategy.
Here is what I know about BRRRR.
Buy: We put some down payment and buy a house with mortgage. Renovate: We renovate the house if necessary.
Rent:...
Four tenants pay the total rent. It was set up ( NOT by me) for them to pay 1/4 of the rent each ( which I thought is ridiculous. I would have set it up for one of the tenants represents the others and pays the total ...
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Hi. I’d be grateful for some insight on a current purchase. Im planning for 200k Hard costs on a $1.5 ppTeam/Planning/Construction
I want to avoid having to acquire permits as much as possible to transform a 2 fam to...
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How do you guys feel about a brand new Wholesaler taking on a partially burnt property?What would be some key resources to use during this process ?
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Hi everyone!I'm a new wholesaler, targeting the Southern CA area. Has anyone had any experience with flipping contracts that were probate sales, not subject to court confirmation? Per my trusty AI assistant, this ca...