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Can someone tell me what the attraction is for Real Estate Investment in the above 3 areas. I get a ton of e-mail from Wholesalers in those 3 areas, and It appears that the wholesalers are doing quite well.
It does...
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Very soon I will be beginning the process of purchasing my first REI property.
Important back-story information:
I have a full time job as an engineer and currently work in Colorado. I will be purchasing...
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Purchase Price: $45,000
3BR/2BA, 1000 sq ft, 25 years old.
Down Payment @ 20%: $9,000
Closing Costs: $3,500?
Principal & Interest (@5% fixed, 30 yrs): $161/mo
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My question to you... when does it make sense to become a private lender?I have a client dying to get into RE but has no funds other than his HELOC with about $100K available rn. The interest on barrowed money is some...
Hi everyone, I'm a new investor in Richmond, VA. I've been reading a lot of posts and blogs here. Now I'm ready to write my first post:) I have a rental property in Seattle that has been paid off with about $600k equ...
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Hello BP
Still on my RE journey and found a nice property in Belair Edison near Clifton Park Golf Course. The neighborhood seems really nice and the homes are well kept. Seems like a nice neighborhood for buy and hol...
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So today I found out that due to my high debt-to-income ration (61-percent) that I cannot qualify for a loan bigger than $100,000. That puts a damper in my vision to purchase a triplex in the next few months. But not ...
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Need some wisdom. Invested with an out of state turnkey real estate company. Four months in, we get notified the rehab of the property was completed. Looked over the limited photos provided and observed some of the...
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I own two houses in Portland, OR, one of which I have lived in the last 8 years- but we Just moved far away. I am debating whether to continue to rent them or to sell one or both of them. From the calculators I've loo...
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A family member of mine is interested in buying a small condo building, and apparently it has recently been foreclosed on, and there is no agent assigned yet.
Is it possible to get in contact with the bank directly ...