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I am purchasing a house for $200k and I need to bring in a financial partner to pay about $25k in rehab costs. I expect to generate a profit of about $40k. What percent of the profits should I share with my investme...
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Hi All
I just wanted to post here on what I thought was the most important things a new person should do when starting out. Below you will find a list of what I think a new person should do first before diving head f...
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This is in terms of buy and hold, or BRRRR....But when submitting an offer on a property that is priced well, let say exactly what it’s worth, $100k. You run all your numbers, conservatively, and at $100k, plus renov...
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Hi all,I purchased a 3 bed, 2 bath condo in Oceanside, CA with a VA loan for 0 down in 2017 for $336,000. My mortgage rate is 2.75%, I owe 300K on the property, and the unit right next to me just sold for $530K a few...
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Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
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So I'm a fan of MF investing.. I've been looking at traditional financing with 25% down (it sucks I know but I've saved and don't know of better options currently) and I've even considered going FHA at 3% IF I could f...
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Hi there!My husband and I are closing on the sale of a rental property in a VERY overpriced market. It is very difficult to cash flow on buy and hold here. And, as much as we would love to make real estate investing...
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Bought a duplex in Memphis with two 3bd/1ba units, nicely rehabbed, from a turn-key "passive" investment firm. The units are going for $650 each and the market is around $750. I have not had a tenant in either unit ...
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Yesterday there was a new post made by an experienced real estate investor whose sole purpose was to take a dump on new investors for no reason other than to feed a delicate ego.
So I felt it appropriate to say my th...
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I'm in the process of selling my primary residence FSBO. We are in a very popular neighborhood, so for now, we won't be going through a listing agent. We are also real estate investors, and we've been on the buy and...