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My husband and I are trying to decide whether or not to pay off our first (and only) STR in Palm Desert. We bought a 1 bedroom condo in July 2024. November has been our only cash flowing month (barely), but we anticpa...
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Hi, all,
My closing date has been extended to the 29th of September as my buyers buyer is shy 10K on their loan.
I had two offers, and chose the second offer because she was supposed to be a CASH sale.
This is not ...
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I’m expecting a liquidity event and I’m considering where and how to invest next. I’m curious about opinions of how you would invest with such cash soon. Thanks in advance!
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Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
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Earlier this summer I funded one of my BRRRR properties using a HML (for the first time). The terms were not that bad considering I got the the property at a steep discount and they were able to close in about two wee...
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Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...
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Hi, I'm a new investor with 2 rental properties (Paid Cash, Full Renovations needed on both so that's where my experience comes from, now their successful rentals) & a fairly successful small multi-family flip out...
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I am closing this week on my first property, which I will use for short term rentals in Palm Springs. I have done pretty extensive research on what to expect with city regulations and have used a lot of online tools t...
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Hello! I'm excited to be posting this morning. I am a husband and father of 2 young kids (soon to be 3). I am also a doctor which brings in a nice income. What I am finding however, is that even though we make "good m...
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I've found a liquor store that I'm interested in attempting to buy. The seller is willing to help with financing as well.
Pur Price: $1,700,000
Net income is $448,000 per yr
I forget what the monthly income is but ...