Hi All, I'm new to REI and hoping for a little clarification.Quick background - I'm looking at 10-25 unit apartment buildings. I found a 10 unit building with 2 retail offices on the first floor that has potential. Th...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $105,000
Cash invested: $65,000
Sale price: $245,000
Screw Analysis Paralysis. This was it. I'm taking action!
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I am considering purchasing a property through a loan from friends/family. Are there any non-obvious downsides to this kind of loan? Is there a set legal range for the interest rate? Any knowledge/resources on this wo...
Hi everyone,I've been reading the forums, books, listening to the podcasts, and learning so much! I'm currently closing on my first house and I think I have most of the next steps figured out. Because the market is so...
Hi All,I have a TX rental (~250k market value, ~80k loan balance) and want to pull some cash out of the equity via a cash-out refi/heloc/2nd mortgage. Unfortunately it looks like there's some rule against the combinat...
I have seen private money lenders use FannieMae/FreddieMac documents for private money mortgages that are not associated with either one. Is this ok? thanks.
Hey, everyone!
I'd appreciate a second set of eyes on my analysis:
https://cdn.carrot.com/uploads...
The seller is asking $1,175,000 for this 12-unit apartment building. Their actuals (see 'Prior Year Financials') ...
Investment Info:
Single-family residence buy & hold investment in Hardinsburg.
Cash invested: $25,000
Subject-to deal. Purchase price $0; Rehab costs $25,000; Rented for $900/month; Monthly mortgage ...
What kind of rates are investors getting from private lenders? What's the holding period? Are the payments interest only?
Week 1: I am buying 20+ houses in several suburbs in Chicagoland. Due to the fact that this is a LIVE deal, I cannot disclose all the details in a public forum. I will disclose what will be helpful to BP Nation specia...