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I've found a multi unit apartment building with 100% owner financing. It's $3.5m the current gross income is $389k with net profit of $189k. The broker said the owner wants at least 5% interest. How could I do a deal ...
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Hello all,
I'm looking to buy my first multi-family. I have a large lump sum saved in an investment account for down-payment and any additional costs. I currently have no debt and make under $100k a year. Because of ...
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I've been investing in the Cedar Rapids, IA area for about 8 years now but only really stepped up my game 4 years ago. After the addition of a child to our family during an almost year layoff I realized I needed to k...
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Hi all,
I'm new to these forums and heard of it through Jaime Tardy's interview with Josh Dorkin. It was like the heavens have opened for me and here was this wonderful resource I had been missing all along!
...
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Hi everyone my name is Elia and I am new here. I have 2 short-term rentals in WNC, one long-term rental in AZ currently for sale, 2 lots for sale, and a fixer-upper to be fixed. My husband and I are ready to fully gro...
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Hi, I live in california and am looking for an investment property in clearwater florida. The budget is 250k...if there is a cash purchase i'm interested in that or doing a down payment and DSCR loan. Any advice on wh...
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This was a great question. Somebody asked me yesterday. They asked, “why do you care about junior lies when you are in first position?“There are several reasons why this is important:1. It typically takes away your ex...
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Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
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I am debating my next move with my rental business. I am not that big. I have 3 total properties and 5 doors, 2 multifamily properties and a single family. My goal is to retire off of my monthly rental profits and ...
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I am potentially interested in converting an existing Roth 401K to a self-directed account that allows for real estate investing. What is the cost/ benefit in your experience with making this sort of move? Currently t...