I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...
When you began in REI, how did you know that you were ready to make offers and look for buyers? Did you wait until you got a complete understanding of REI? Or did you just jump in once you had a basic understanding?
After hanging around these forums for about half a year now, I've noticed that the word "Guru" gets tossed around quite a bit, and (understandably) not in a good way. It's a label that tends to be used interchangeably...
Looking to possibly set up a C Corp and have our IRA buy shares so that we would have available capital for fix and flip opportunities. Does anyone have this arrangement set up or had in the past that can give me advi...
My tenant buyer has exercised their option to purchase but the appraisal came in low. I do have a clause in our contract that states I have the right to sell at the appraisal price but I am wondering if I am still ob...
So I bought a 3 family in NJ and have gut renovated all apartments and have had great luck thus far but have run into my real first issue. Here is the situationI gutted one of the units (3 bedroom 1 bath) with a new k...