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I have heard numerous times from multi family investors that if they had it to do over, they would have skipped the singles all together. However, I just don’t see the returns in multi. I currently own just under 60 p...
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I live in Massachusetts and have a family member who is asking for a personal loan of $60,000 to purchase a $78,000 mobile home in Rhode Island. I do have the money to loan and would like to help and I know that the b...
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In terms of getting two loans, which is better:
1) Buying a house to live in first
2) Buying rental property first?
I would think buying rental property first is better. Once the rental property is purchased, t...
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I am considering selling my duplex in SoCal and taking that money out of CA. I nearly break even on the rent/mortgage but if I am able to escape CA on a 1031, I could potentially be positive cash flowing in the $1500-...
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I got an opportunity for (approx) a 50k personal loan from someone, their underwriters want to see a 680 FICO score and they will disregard income. I'm still building my credit at the moment so my score definitely isn...
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Hey there, BP'ers! It's been a while since I last posted and ALOT has changed since then.3 yrs ago this month, my husband and I started looking for our first rental property as another retirement vehicle beyond 401k'...
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Hello,
Can a person take 1031 exchange monies and partner with another investor on a like property? If so, how would this look and be set up? Say I have $100k to 1031 and want to buy a property with a partner that al...
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In the process of selling some of my less desirable properties and still working on creative financing ideas;
Do you think the following would be of interest to investors.
-ARV - 500k
-Purchase Price - 400k (need...
Seed Capital is one of the biggest challenges for investors. Having traveled to a number of real estate meetups, it is clear that people struggle with how to find seed capital. Getting seed capital for your first deal...
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BTW this is my first post!I am 22 and have been saving up for my first property, I currently have 23k saved in cash and I am saving $2800 a month that I am adding to that total. I want to buy a single family property ...