Hello everyone,Looking for some guidance from experienced minds here before I make a mistake. I would very much appreciate any help with this decision. I'll (try to) keep it short. There is a property that my grandmot...
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I found a home I am interested in purchasing. The seller is offering seller financing with 5% down and a 30 year term. The seller said they would eventually like the interest rate to rise to 5%, but didn't specify wha...
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Hello All,My name is Donna and I'm a newbie from Chicago, IL new to RE investing. I have a background as a mortgage L.O. and was greatly affected by the housing crisis. I'm currently preparing to sit for the Illinois ...
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Hi All,I want to buy a property in an Opportunity Zone. I know the the rules require the purchase to be through an LLC or partnership that is a Qualified Opportunity Zone Fund entity. Does anyone know if there is a pr...
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I'm on the fence about becoming a landlord. Property not in the greatest area, but obviously showing great cash flow with long term tenants. Any words of wisdom much appreciated!! View report*This link comes directly ...
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Hi and Thanks in advance for any insight. If you have an FHA mortgage does it show up as that on your credit report? Owner occupancy is a requirement to tap into equity I have in my first rental property. But I curren...
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I've used Mint very successfully for 10+ years to track income, spending, and net worth for my family's fairly complex personal finances. Every single asset and liability on our net worth statement is linked or inclu...
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I am finding an Auction of around 18 Acres land, which previously was having a furniture factory on it in North carolina. The land is in midst of town, next to lot of retail outlets and is around $20k/ Acre.There used...
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So my best friend is a licensed broker here in Missouri and utilizes her license to run a property management company. She has this as the brokerage and registered with the state real estate commission. She's now look...