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I'm trying to bootstrap my business with virtually no money (in the absence of a 'no money down' or 'subject to' opportunity). And have come up with a loose plan.
My income is not great but the condo i bought...
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Recently purchased a condo (3/2.5, 1500 sqft) at a foreclosure auction.ARV - $105,000Purchase Price - $68,000 cashRents for - $1,200Repair Estimate - $7,000 (Flooring & Paint)Association Fees - $203/moTaxes - $907...
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So I'm starting out considering rental property investing. I've talked with my lender (on my current house) and asked some questions.
I have $200-$230K in equity I can access depending on how an appraisal of my hous...
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I'm applying for a $125,000 construction loan. Lender wants 1 pt. and is offering 5%, due in two years.He wants the 1 pt. ($1250) upfront. I told him I'd prefer it be deducted from loan proceeds. He claims it's refund...
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Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...
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I'm toying with two different strategies. I'm an anti-debt kind of person so 1/2 of me wants to acquire about 25-50 rentals and then work hard at paying them off. The other 1/2 of me wants to aquire 75-100 rentals ...
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I'm so excited to meet new folks in this network! Putting faces and stories to all these strategies and concepts while perusing the forum as a newbie / student has been inspiring! I live in Oakland, CA whose RE market...
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I have been renting houses for the past couple of years, and my wife and I have worked our way up to 10 rental units at this point. I have recently been mulling over a rent to own (lease option) strategy that I would...
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Hey Everyone,
I know people might be thinking right now what a stupid question, this guy wants to be in real estate. Never gonna make it!
Anyways, I am confused about equity i have an idea but I keep he...
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Hello investor friends! Though I'd finally introduce myself after poking around for a few weeks and also ask for some advice.
I'm Donna, I'm passionate about creating passive income streams, attaining financial free...