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We are in discussions with a property owner for his 4-plex for $240k. With 20% down + estimated closing costs + appraisal, etc. our total invested would be ~$57k. The property is too good to pass up (24% CoC ROI all t...
How should I approach owner about creative financing for this multi family property in Colorado? Listed at 1,350,000. Owner owes 1,000,000 to the bank and open to creative financing. I have about 80k in cash reserv...
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Two part question
FIRST
I own and rent a 2 family home which has a market value of at least 380k (as of 9/2019, actual by HELOC appraisal properly more now).
I owe 267K on my FHA loan at 3.5% (original mortgage was...
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I am ready to begin the process of purchasing my first multi-family rental property. I want to get pre-approved and wanted to know if it is better to go with a lender that the Real Estate Agent recommends or find my o...
Hi, I am new to the site, I am looking to get into Real Estate Investing, I have seen business opportunities asking for upwards of $10k for mentoring for how to do creative investing without using your own money or...
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Hi guys, so about 9 months ago, I picked up a house at auction (thats a long long time ago now that I look at it). Pretty much a nite-mare since then. Original costs to rehab were guessed around $25k. Once we got in t...
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I potentially have a chance to purchase my first rental property. The owner is moving out of state and would like to unload the property as soon as possible. He owns the property outright and currently have tenants...
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I was wondering has anyone have got bids in a more auction style fashion.
I was thinking instead of spending time to walk every dang interested party through the home and different times. Divide the projects ...
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Trying to find a deal and have private equity fund the down payment and have a traditional loan for remaining amount. What would be the best way to set this up for a private lender so that they feel like it’s worth th...
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Hey guys, I’m new to real estate and have very little capital, so i was looking into a few ways to create more capital and i came across “leveraging”. Can someone please explain in depth what is leveraging an...