Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...
Hi all, I am starting out to invest in Birmingham, Al area. I have found some good buy and hold properties in two completely different neighborhoods. One in Calera, Alabaster area where houses are newer, schools bette...
I’m new to investing and trying to figure this out as I go. My question is, if I find a possible deal on a house that has already hit MLS, should I use a realtor on my end as the buyer?
Good afternoon. We are in the process of purchasing our first 8 plex building in McAllen, Texas using a small bank 75% Loan to Value commercial loan. We have prior experience flipping and leasing Single Family houses ...
Hey BP,
Some back story;
I work for a new home construction company here in Lubbock, TX. I’m 24 years old and when I started was consistently encouraged to buy a home as quickly as possible for specific reasons. Fas...
In a nut shell, I have a property under contract. I can do this deal by myself, however, I am willing to partner with a friend who is interested in learning the ropes of REI. He cannot invest himself because of his dt...
Stock market investors are often so focused on growth that many do not realize how the leverage, cash flow, and tax-deferral of real estate investing can combine to produce potent returns. And when mixed with the powe...
Here's my situation. I'm seeking a mortgage on a duplex. I'm self employed. I have a seasonal lawn care business. My plan is to actually get a job in the restaurant business (for the winter and temper hours during the...
Hello everyone I think I may have found a sub2 deal, problem is I never done a sub2 deal. I've located a home that does not have to much equity so I figure that sub2 option might be a good idea.
My question is coul...
A thread I started today in another forum enlightened me to the fact that I haven't established my criteria. I may now be forced to go through with a transaction that is probably not the best thing for me (although i...