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Hi guys,I am planning on purchasing my first investment property (also first property ever) very soon. I plan on owner occupying this property for a short period of time, and then quickly buying a second property and...
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I'm still new but I found these conditions when looking for a Lender in my area, What do you think?Rehab & Rent Loans – Available in MD & GAWe lend up to 90% of Acquisition, 100% of RehabMax 70% LTV6-12 month...
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I have been reading through the forum posts on LLCs and I am still unclear on a few points.1- Should I use an LLC for my first property or wait untill I have a few and enough equity/cash flo to worry about? (That said...
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HELLO! We are in the process of closing on our very first multifamily, a 4plex, at the end of this month. It needs some work done in all the units, but we are excited non the less. Everything in REI is still new to...
Hey guys. As a new investor, I am looking to make my first deal. I have zero money up front and will be able to save $1000 a month beginning Sept. However, I am eager to start now and want to be creative and won't ...
Hi All, Bit of background: I was in the states for a while in 2015 in Detroit learning the market did a bit of wholesaling etc.I returned to my home country after 3 months due to personal reasons ( I really wanted to ...
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Hi All-If an investor follows the rules of thumb that bigger pockets lays out (2% rule, etc) you can ASSUME that there is a large enough cash flow cushion to absorb any risks in the property. While the property may n...
Hello All,I have recently began the pre-approval process for a 2-Unit and am interested in going with the FHA loan. However, when speaking to my mortgage broker he told me something I have never heard before and wante...
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Hi guys,eThanks in advance for all of your help! We are just starting out but are have several years real estate and finance experience so while we hope to get our first deal soon, I don't consider us total newbies i...
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My name is Evan. I am very interested in learning from the post that are already on this site as well as responding and posting in the future. I currently own 6 properties and I am looking to purchase more. Which lead...