So I have a house that I purchased middle of November this year. It's in really rough shape but currently has tenants. It's an extremely small market and the tenants have like 5 kids, so there's not many places for th...
Hi! I am extremely new to this and THINK I may have found my first pearl. It is a Harvey house in Montgomery Texas listed for 66K. I am estimating my rehab cost to be right around 70K with an ARV of $185,000. On paper...
I love the theory behind a subject to deal, however i'm curious how some of you guys handle the potential drawbacks of the deal.I'm not very worried about the due on sale clause, it seems that this happens so rarely t...
To make a very long story extremely short: I assisted a friend with the purchase of her first home a few years ago and of course now, am being burned, after circumstances led her / her family to multiple late payments...
Read this the other day regarding Donald Trumps recent executive order on examining the affects of regulatory barriers at the Federal, State, local levels on the availability and development of affordable housing. htt...
I am in My 2 stages of the EIDL loan. They are talking about Collateral in the loan Docs. But do not have a list. Are they putting a lean against all of my Properties? If so I’ll tuff this out with out there money....
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $235,000
Cash invested: $35,000
Purchased my first rental property and turned it into a halfway house.
Making a f...
Let's say you use a HML to buy a house worth 100k ARV, for 30k plus 20k for rehab. When it is done you want to rent it for cash flow. Now you want to refinance so you can get rid of the expensive hard money loan. Her...
Hello everyone,I recently graduated college, with a Bachelors in Accounting. I am also taking a Masters program that will allow me to sit for the CPA Exam. I have a huge passion for investing in real estate and I thin...
Hi All:Happy Friday. I co own a building lot in Bethany Beach, DE. For those of you in the DMV area, the community is called The Salt Pond and the lot is approx. 2 miles from the ocean. It is a desirable lot as far as...