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Three partners were 6 weeks away from opening a microbrewery and had a lease-purchase agreement to purchase the property for $515K. The financial partner recently pulled out for personal reasons. The remaining two par...
I need some guidance! I am buying 3 duplexes in Sierra Vista, Arizona, which is just south of Tucson. Each unit is a 3/1. I am buying with hard money @ 15% down, 13.5% interest rate at a $295k purchase price. After 30...
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Hello all!
I am looking for advice. I am looking to purchase my first home and obviously want to make it some type of investment. I am debating between buying a live-in flip or a 2,3,4 unit apartment complex and liv...
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Investment Info:
Mobile home buy & hold investment.
Purchase price: $25,000
Cash invested: $25,000
Purchased a mobile home in a great mobile home park for 25k. I showed a property to a couple who...
Question regarding Brian Pages course, he mentions you can get started without an initial investment, is that true??
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Hi BP
I am running through some scenarios for a first rental property which will be out of state using a PM.
The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...
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I'm looking to pay cash for 3-4 properties in the next year. My primary reason for paying cash is to be strong in my offers.My goal is to pull out money but still maintain a 30% or so equity position in each property...
Say I purchase a SFH with conventional financing and rehab it and it cash flows. 3 months later I want to cash out refi and use the cash as a down payment to build a home. Does the bank look at the mortgage on the inv...
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I was writing down my criteria for rentals and one was to beat the SP500 but then I realized that the SP500 has a compound annual growth rate (AKA annualized return) of 9-10% with dividends reinvested. I often hear ...
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I own one home and eventually going to do a long term hold in North Carolina by renting it out. I used my VA loan to start out my investing journey. Now, my plan is to buy a 3 flat building or something in that nature...