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So I’ve done a few flips and wholesale deals with varying degrees of success. Getting started as a REI has been a lot of work which I enjoy. The more I get into it the more I realize there different levels of investor...
I'm in a situation where there is very little banks will give me for leveraging rental homes despite having a good amount of assets and excellent credit because I haven't had any income in 4 years (long story short: I...
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Hello everyone. I'm new to REI. I need help on starting out. I'm also looking to connect with those in my area. My goal is to buy my first house to flip within the next year. I watch a lot of flip shows on TLC and I c...
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Dear All,My name is Karthik, I am a full-time medical device engineer working for one of the big players in that segment. I live in Fullerton, CA and looking to start investing in SFR in Phoenix, AZ. I have no backgro...
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Hi all,I'm looking to purchase my 1st investment property and need some assistance with funding.Single Family Home - NW Suburbs of ChicagoPurchase $100kRehab $70kARV $390kCurrent 'As Is' value ~ $250kI have $20k cash ...
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'
Under Water: How Our American Dream of Homeownership Became a Nightmare' is a new book by Ryan Dezember, a Wall Street Journal writer and is a sharp & timely reminder how hot real estate markets can go dras...
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Called upon a local mortgage broker for a rate quote on a 30-year fixed mortgage (cash out refi). I’ll preface this with the fact that I have used this broker before and give them high marks. The particulars of the de...
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Hi BP,I'm looking for some advice. I think I should terminate a m2m lease for one of my units because I keep getting (valid/serious) complaints about them. It has caused one tenant (good) tenant to move out. My questi...
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I have a property under contract with a seller for 328K. I have it posted at 338.5K. I have realtors who want to list the property and I have potential homeowners who want to purchase the property. Do I need to sell...
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This post is inspired by the recent (ok a month back) success story posted by @Joe FairlessAnyways one of the ways Joe mentioned to break into this space is to offer your service to underwrite deals initially. I am an...