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I got dumped on. started out wrong! l live in michigan, let me say that I let someone talk me into buying some house that needed fixing that they were suppose to fix but never did. I ended up fixing them myself but ...
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Hello I'm curious if this strategy is theoretically possible to expand super fast wealth as below:For example, I buy a rental property for $70,000 in cash and then immediately did a cash-out refinance to get $56,000 i...
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I found a seller who bought her SFR in 2005 (top of the market) for $450,000. It's probably worth $425,000 in today's market.
Did some homework, and no other liens appeared on the title BUT get this: apparently the...
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I am considering purchasing 4 unit properties in order to obtain 6-8K in monthly passive income. I am planning to use a 7 year ARM and seller financing. I plan to pay off the seller financing by using the available...
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Hello,
My name is Ricky and I'm brand new to BP and to real estate and wanted to get some opinions from others who have done this before.
I'm trying to determine when it makes since to sell vs continue to hold a re...
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So I have been recently talking with my real estate broker and had mentioned that I would be willing to lend to other investors at a 10% interest rate while I was out of the game for a little while and studying for an...
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First off, I'm new and have been educating myself for the past two months. The Rich Dad book my cousin recommended, completely changed me. I've been listening to BP podcasts, webinars, networking with local investor...
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*warning. extreme rookie question, take it easy on me*I understand that if a property doesn't have positive cash flow, there is no way you could create passive income no matter how many properties you have. Is it stil...
Brand 4 bedroom/3 bath single story home in summerlyn neighborhood in Leander for 215k. 1746 sq. ft. is this a good deal for rental or I should look for something else? I am looking to invest in austin area for long t...
Hey BPr's! My name is Jake, and I am a seasoned construction manager, but a rookie when it comes to buy and hold deals. I have been a project manager on the building side for 12 years, so very familiar with costs, an...