I found a property that cash flows nicely but there is a $3000/yr flood insurance premium. The area is under-market value for the area and is developing. I just wanted to get some feed back from people who may have be...
I've read several times about the idea of a real estate funnel: generate hundreds of leads, analyze a subset of those, make offers on a subset of those, and have a subset of those accepted. That makes total sense to m...
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Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
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I'm currently in the education phase here and had an idea that I think is good, but not sure...
Hypothetical situation: While in the early stages of my investing career, with little track record to approach private l...
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Hi Everyone,I am currently looking at a deal for a 14 unit complex that has a seller financed note and the current owner is offering an additional seller finance to close the deal. He is asking for 6% interest on his ...
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What wholesale flips would you say is a lot less of a hassle? Would that be flipping properties directly from sellers, REO's, HUD's,or foreclosures. Explain why.
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This topic has probably been done to death.However would like to hear from fellow investors on what has worked for youFor me its been pretty basic, just buy property that is cash flow positive from day 1, distressed p...
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Hypothetical situation:
If someone had a property worth $100k, and owed $50k on it but fell into hardship and missed payments where had could go into foreclosure and had payments in arrears but got back on there feet...
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I have been studying the Real Estate IRA concept for some time, have a pretty good understanding of how it works and its rules, and am getting ready to buy our first investment property with it, a single-family hou...
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Investment Info:
Single-family residence private money loan investment in Saint Louis.
Purchase price: $52,800
Sale price: $52,800
Seller financed property with zero down.
What made you inte...