Could I purchase a property using a FHA 203k loan, allowing me to renovate the property as well. Live in it for a year or so, refinance then rent it out? Advice please, thanks
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Hi! We are looking to leverage the equity we have in our primary residence to accelerate our rental business. We took out an HELOC as a backup for large expenses with our business. We've tapped it a few times to ma...
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Bryan College Station, TX2 4-plex properties (side by side)purchase price: $318,000Seller Financed on 2 liens 1st lien 80% LTV 20 year note at 9% second lien for 10% for 2 years at 9%10% out of pocket.Monthly Rent of...
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This is a pretty common topic, but I haven't seen my specific question answered - most seem to center around single member LLCs or committing to Commercial loans.A couple of partners and I are finally ready to get sta...
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Not sure if this is the place to ask this question, if not I apologize. My mom passed in November and her house was left to me and my siblings it's 5 of us. I live in Atlanta, GA, one of my brothers live in Baton Roug...
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Hello everyone! My real estate partner and I reside in Southern California (San Diego and Orange County (Costa Mesa / Newport Beach), respectively) and we're taking a trip to Cleveland, Ohio from September 29 (actuall...
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I am an investor here in Indianapolis and have a few out of state investors asking me about neighborhoods in Indianapolis. I can give them input on some of the properties that we have, but I want to make sure I am be...
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Looking at a deal that's combination laundromat and self-storage with owned land. Broker and owner didn't break out the parts but priced it as a whole; however, since self-storage generally includes real estate but wi...
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We got a promotional offer through our credit cards for 1.99% and 3.99% APR for the life of the loan if we take advantage of it by March 1. My thinking is that's cheap money and I could turn it into some good returns ...
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If I was to purchase a property all cash, I would assume using the CoC metric would be void, if that's the case, what would be my next best metric to use to help determine if the deal was profitable and good? Also, i...