Hi all, I am putting together a 3m loan and seller wants to do seller financing and he is giving me with 4.8% 10yr balloon with 30yr amortization. Is the rate too high or a good deal given the current market conditions.
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I should note I've been involved in real estate in 1 way or another for many years aND am now looking to get into the investment side of it. Is this a feisable option and process of a short/mid term Single family home...
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I'm a WNC native with a family history in construction and insurance. I got my BS in Entrepreneurship from Missouri State University and helped a friend start a construction business while there. My wife and I recentl...
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Hey Everyone!
My name is Kyle Woltersdorf. I'm currently working on placing bids for my first deal in Chicago with all the knowledge I've gained via the bigger pockets community over the past few months.
I went to ...
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What is the best method for finding single family rentals that cash flow? And, what is an acceptable cash flow for a SFH? $100/mo? $200/mo?
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Hey All,I bought my first property last year, a duplex that I am living in half of. Now in my pursuit of self employment I am looking at purchasing another. I found a foreclosed 3 unit for 48k in a very desirable area...
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Texas Investors, I have a question. On your rental property, is the 50% rule accurate?
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I'll start off by saying that was a joke. :)
I am a new aspiring investor. Finally I make my first post. I am from Anaheim, CA. I've heard almost every podcast and read BP beginners guide, but I feel no where near re...
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Hi everyone!
Bought a property under my name for a buy and hold. Got great interest and now I'm fielding offers.
Bought it for $110K, spent $70k in fixing it. Have 2 offers for $260K.
Now that the flip is a vi...
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Mercy, I need some insight to ensure I'm not crazy...
TLDR:
LTR Tenant dies of COVID 2 months after I close on new primary. My wife and I are interested in moving into the smaller rental and renting out our NEW pr...