Chris McAdams
Help buying my first rental
I am trying to figure out how to get my first rental property. I'm 21 years old, I'm a new real estate agent in my area and looking to invest! I have got about 32k saved up just trying to figure out what my best optio...
Ahmed Al-Absi
Where to post/advertise for apartment rental
Greetings everyone, I have a two family house in upstate NY and after renovation I decided to put out the two apartments for rent. I posted on craigslist and I got very low or minimal request but a friend suggested th...
Grayson Grzybowski
General question on utilizing a strategy
If I find a property that I want a hard lender to help me with and they fund 90% of the cost plus 100% of the rehab, does that mean when I flip it I have to pay back the rehab costs as well? Sorry that this is a stupi...
Drew Slew
Multifamily mortgage owner occupied investment property
For a jersey city multifamily purchase i am looking at some 20% down 30yr fixed mortgages. It would be an owner occupied 2nd mortgage, and have to rent my current place out - it seems they need to see a rent lease to ...
David Daniels
trying to understand buying preforclosure and buying home with equity
Hey bpjust a quick question that been floating in my mind for a while, I probably already know the answer but I like to overthink things for some reason. Ok when you buy a pre-foreclosure or say a home with 40% equity...
Account Closed
Young Investors
I have been reading up on plenty of articles on here and looking into local REI clubs, but my biggest question is what is the actual first step in getting into the real estate business? I feel like i am getting stuck ...
Christopher Oliva
where should we to for look for rehab funds?
My business partner and I are in the process of securing a property for a fix and flip. its looking like the estimated repairs are going to run about 30k. What would be the better route in order to get funding for t...
Account Closed
The Emotional Ups and Downs of REI
When I got into sales as my first job out of college my dad used to always say "It takes a certain kind of person to handle sales."
I'm not sure if I am that certain kind of person yet, but I think its possib...
N/A N/A
More than 20% down payment for income property?
I am not looking to flip or do anything short term.
I want to buy a rental property for between 400k-2 mil, and I want it to produce positive cash flow and be extremely low risk.
I am in Southern California, and wou...
Account Closed
Putting aside for vacancy
I notice when I read books on rental properties that they suggest putting aside a percentage of rental income for vacancy. What is the purpose of doing this? - Thank you.