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I have hear that most investors want 30% in return of there money and others 70% What is is exactly the percentage they are looking for to consider buying a house as a good deal?
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Hey BPers!
Just relocated from North Carolina and looking to gain some knowledge on no money options for RE investing. My Wife and I have a lot of experience rehabbing so, flipping might be our path.
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I wanted to start this topic just in case there are any other newbies going through the same start as I am. That's just educating yourself for your first flip and trying to figure out how to the finance the first deal...
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Signed papers for first rental property today :) - pending the appraisal, I will own it in about 30 days.
I want get my book keeping set up while I wait. I have a CPA and I will be talking to him. But I wanted to ru...
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Hey BP!I have a customer that wants to do owner financing. I have a standard contract which has the blank line to fill in terms. If my client says that he prefers his attorney to make a specific financing contract wit...
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I'm working on securing an off-market quadruplex from someone in my REIA group. He's got a mortgage on it but is interested in seller financing. As I was discussing it with him, I eventually thought about the mechan...
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Is anyone using a Solo 401k or other retirement vehicle to purchase REI? Let’s hear your success stories and advice.
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I'm looking to use hard money on a deal or two, but seems like some give you a minimum they will loan and most of the ones i find are under. I've always used traditional banks but to many boxes to check and the time i...
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Early 2021, I closed on a 3 family house in Brooklyn NY. I currently rent 2 units collecting $4,150 a month. When I bought the property I closed at an interest rate of 2.5 so I think I did pretty good. I want to keep ...
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Hi everyone,New investor here, relatively new poster, longtime lurker, lover of all things RE. I have a question about recasting of a mortgage loan, for any of you financing experts out there.Acquired my first 2 renta...