Thanks to a family friend I have $15K to use towards my first real estate deal. I was thinking about using the money to fund a house flip to hopefully bring in a large enough profit to pay back what I borrowed and h...
I felt like this would be a great topic for BP's Pros and Newbies to discuss.With $20,000 in cash and $20,000 in debt (Existing loan on a rental property @4.75%)Would you use the $20,000 to purchase another property o...
Hi, I am looking to buy small multi family. Since this is my first venture i tried to gather as much information as possible before getting into it. From all i read, the financial ratios specifically cash on cash nee...
Hi all
I'm getting ready to purchase a 2-4 unit property in Canada for rental income. I hope to buy 2 of them in the next year before moving up to 5-8plexes in the years after that. I'm in GTA so I know I nee...
I've always been a fundamental real estate investor, buying single family homes in Austin after the stock market dot com crash when foreclosures were plentiful and renting them until the market came back. Moving into ...
Hello,We need your help! Wehave been presented a deal for a property by a friend who wants to partner with us, he says he would pay 50% of the purchase price. We would pay the other 50% and also do the work for the re...
Morning all,
Love these forums so I thought I'd ask the experts.
First piece if exciting news, just signed up to start my agents license next week...soo excited. I plan on a three prong RE career, realtor, wholesal...
I'm aware that people are buying homes now. I know an agent in SoCal who has sold 57 homes in 2008 and already has sold 10 in 2009. She tells me that these people are buying retirement homes. Most of them will rent, l...
Hi everyone, was wondering what would you do in this situation renting to a tenant in one of your units. Rent is $755 & she has never paid rent late. (4 months of payments)
This is the text message:
Hey Jimmy,...
a newbie here. I'm interested in buying a rental investment property. My brother started his investment 2 years ago and he's doing pretty good. He has recommended to take the equity loan as much as I can from my fi...