I bought 9 rentals in last two years. 8 of them are single family house in good area. In average it meets 1% rule. Now I have 10 loans on my name, my wife do not want any loan on her name. I already told her that I w...
I'm not new to real estate investing, but still inexperienced. Why do people fawn over self directed 401k's. I mean, you get to invest in real estate tax free. That's absolutely amazing, BUT you can't start pulling ou...
I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
Hey Everyone. My first major deal has come across my plate and although I've read every book under the sun about buying apartments, it is still a big step. I thought if anyone is up for the challenge, they can let me ...
Is this a sound investment strategy?
Acquire a building . We get a hard money loan for 50%-60%. We then ask the seller to carry a note for the other portion. Of course we will have points and other costs. We then...
Hello wise investors.Hoping to get your opinions.I may have an opportunity to invest a very sizeable amount of money from the sale of a business and want your thoughts on how I should invest it. I will still continue ...
Good morning, quick question. After doing my taxes I’m left with $0 net income because everything this years was losses and no gains. Does that affect my refinance once I finish my first BRRRR, having a $0 net income?...
I'm considering making the leap from single family to multifamily, but I'm unclear on what the real advantages are to multi. I own 3 single family houses in a great town that is growing quickly. Recently, I read the M...
Hi folks, I have a question: Is it possible to get a mortgage without having a job? Here's the situation... I work in architecture and used to work construction. I would really like to transition to small-scale, resi...