I'm about to sign a contract on a 4 family in upstate NY. The price is $170K and I'm using an FHA 203K with 3.5% down. Here is the math: Rents $37,200.00 Mortgage $11,748.00 Vac...
Hi,I dabbled in real estate years ago (2004ish) by buying a 4 plex, renting it for a couple of years, fixed it up and sold it for a really great profit of ~$100k. From there I did a joint venture with and built a hou...
I was reading around the net and read quite a few articles that people use their student loan money to REI. I am active duty army and therefore my college is 100% paid for. I have an investor who is older and wants to...
Hi Folks,
I've been reading the beginners guide as well as reading BP forums and visiting some members webpages. I currently live in NY but looking at investment properties in SE Florida as I winter down there and ...
Hello to everyone!I have been following up the content here and on youtube which has been really insightful. I am finally ready to take a plunge on my first investment. But I am still not decided on strategy or market...
Hi! My husband and I have always planned to use REI as a means for early(ish) retirement. We're in the saving phase and we're about 1/2 way to having a nest egg of 6 months of expenses. We were almost there but got si...
Find Quality International Preconstruction Investments Without Getting Ripped Off?
INTRODUCTION
Most investors will tell you that real estate is a sound investment… one of the best you can make. There’s a fixed am...
Has anyone ever borrowed money through a bank using your stocks and bonds as collateral?
We could sell the stocks and pay cash for the property, but we would have to pay at least 15% cap. gains.
We woul...
I'm just starting out with real estate investing. I live in San Diego and I'm looking to invest out-of-state in a nice cash-flow market. My focus now is finding the right team and location. Are there any other folk...
How do you all feel about multi that doesn't have incredible cash flow as-is but that's rehabbed, in a stable market and in an area that should have a bit more appreciation than other areas of the city? I've run into...