Hello Everyone, So I just paid my house off and am now unconventionally financially independent. I say unconventionally (maybe this is the wrong word for this ..I don't know) because while I am able to net about $13-1...
I am new to real estate investing and still work a full time job. I don't have much time or energy at the end of the day so I need something passive.People have been recommending notes to me. I don't know very much ...
Hello, I am studying how to invest in apartment complexes. It is my understanding that some REI groups/meet-ups offer group buying (a syndicate?), in which one investor becomes the lead and others simply contribute fu...
Hi everyone,I purchased a house with cash for $100K in 2014. I spent another $50K to remodel this house. Do I need to report the following to the IRS on my 2014 tax returns?:(1) Purchase of this house for $100K(2) Ano...
So I am placing an offer on a Short Sale and I feel like its just too lengthy. Below is the letter of intent, I have tried to make it personal and cover all of the details. Should I split this up into multiple documen...
My wife and I have been in the learning and research phase of investing and are wanting to take action. We shouldn’t have any issues with bank lending but funding our first rehab will be tough. Unless, we pulled from...
Can I use 7% interest as a conservative number to figure out my mortgage payments? If i got $1,000,000 Lent to me. I would pay 70k in mortgage payments per year
This will be my first foray into commercial RE.
Here are numbers:
A major retailer already on a 12yr triple net lease increasing every 5 yrs. Brand new building
Purchase price 2,400,000
Mort...
I am working with a real estate developer who is looking to raise capital on 21 x 2 family house purchase, gut/rehab and flip. I am in the process of raising funds for him, basically $260k money raise per property. Th...
I've been dealing with a seller for almost two months now. She is motivated to the point where she will sell it for the judgement amount, which is good, because I can not offer more than that. The complicated part o...