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Hello,current situation: I’m military and wife is a realtor. We Live in our primary home that we would like to stay in for at least 5 years. We own 1 condo that cash flows $400 a month after all expenses etc.
questi...
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Hey Everyone! I'm super excited that 2023 is going to be the year I buy my first investment property. I just relocated to Pensacola, Florida and I'm on the hunt for a deal. I'm planning to use my FHA loan to buy a sma...
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I had a couple come by this weekend to look at one of my rentals. They seemed very nice people, were very respectful. They wanted to fill in an application and went to the ATM to withdraw cash.
The husband called me ...
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I have observed that investors consistently IGNORE the fact that their time sits idly in a bank account when they tout their "AROI" on their projects. This is quite puzzling to me and I was wondering why people do it...
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How’s folks finding new help to work on properties? It seems like even the unlicensed, uninsured, and no company name etc. is pulling prices out of the hat thinking they can get it.
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In November 2023, Fannie Mae introduced a new policy allowing owner-occupant loans on 2-4 family homes with just 5% down, a significant change from the previous requirement of a minimum 15% down payment. One might thi...
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This is my 2015 L/O Assignment attack plan for 2015. I am totally new & I have no sellers set up yet but Our Master Educators Brian Gibbons, John Jackson & Bill G have me confident enough to approach selle...
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Hi everyone! I’m hoping to get some advice as a complete newbie to REI. My family owns a 3BR condo and we’re planning to downsize to a 2BD condo. This would leave us with about 300k surplus cash.
I have been readi...
Using hard money at 10% interest and 3 points... As I run multiple scenarios on a house with an ARV of $200k and say 40K of rehab (thats what one GC blindly told me.) I'd have to offer as little as $89000 to the sel...
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Hello everyone!Quick bit about me- I'm a data scientist working in NYC and literally just started looking into REI a week ago. Mostly because of the dream I have of retiring early with a nice cash flow, but also partl...