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Hello all,
I'm currently finishing up the rehab on a 2-family I picked up last year that I intend to rent out both units for. In the meantime, I've been saving, and I'm looking for suggestions of what my next move sh...
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Hello all,Newcomer here. I just want to get right to it. Married man, working 9-5 started a clinical research supplies business and completing my MBA. I have up to 30-40K saved up and would like to start real estate...
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Hi folks - ran across this Bloomberg article on LinkedIn this morning. https://goo.gl/VW2JFF Not such a surprise to this crowd I'm sure. The looming question for me isn't necessarily that we're crowding out the potent...
I've been offered seller financing for a property in my area. The owner gave me 2 options for the terms and I'm interested in other viewpoints on which one is a better deal. Here are the terms:Option 1:20% down, 30 ...
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Question:Is it best to get a pre approval letter from a lender (hard/private/bank/etc.) before finding your rehab deal(s) or after?I am one notch above a newbie in Houston, Texas. I know I have heard on the podcasts t...
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Hi all,I have a bit of a silly question... when bidding on auction.com do you just get one bid? Or do you keep bidding w/ higher numbers until you've hit your maximum? Thanks so much!
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Hello everybody,I am in the Army and my ETS date is in approximately 11 months. All of the banks I have called require a MINIMUM of 12 months guaranteed employment for me to qualify for a conventional loan. I have jus...
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Hi all,I've come across a 2 unit fully leased bringing in around $2600/mo (~1300 each unit) and selling for 185K. The majority of the costs are "Condo Fees" which include water sewage heating trash. Electricity is pas...
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Hey BP,
I'm currently in a situation where I'm too much of a liability for any type of loan or mortgage. My student loans are in collections and I'm currently in a rehabilitation program to get my loans out of defaul...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $454,000
Cash invested: $22,700
3 bed 2.5 bath 2 story home with unfinished basement
What made you interes...