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Quick background: We purchased our first home in 10/2010 as a newly married couple with a FHA loan and as little down as possible. We paid $93,000 and financed $91,764 for the home. The home is a 4/2 with two kitche...
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BP Nation,From what I understand, the Dodd-Frank Act mainly effects the seller when it comes to a "seller financed" deal. Are there any impacts on the buyer? I will be targeting "100% seller financed" deals this year ...
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Hey guys!!! Just bought our first home in Knoxville, TN!My question is how do you determine your rehab budget if you plan on flipping within 3 months Thanks!
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What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...
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Hello, I am in the middle of a sale and anticipating a 1031 exchange for a NNN. I’m looking at my options. I’m looking primarily in the northeast (MA). I’m seeing 4.5 to 6% caps for 1.5 to 2.3 million dollar propertie...
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Hi all! I'm buying a hotel and decided to document my entire experience here for posterity, from finding a deal to financing and owner-operating the place. This post will be an "intro" to what put us on to hoteling an...
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Hi Everyone,I am hoping to get some insight from the PROs about wholesaling. I am a newbie wholesaler, however, I am also looking to do a few buy and holds this year. The reason I need to find my niche in wholesaling ...
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Hi Everyone,Posting my first question here. I'm looking to invest in a multi-unit rental property. I was comparing various locations and found Rochester, NY strangely appealing on loopnet. It had a very high cap % (20...
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Hello! My goal for 2019 is to purchase a property utilizing the BRRR strategy....or at least take all of the steps to ensure a high probability of that happening (analyzing 10 properties/week, sending out direct mail,...
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I currently work at your typical 8-5 office job. They offer 401(k)s with a match just like every other corporate job. Since being interested in REI, I’ve heard from multiple different sources that 401(k)s are not the ...