We have about $170k in “bad” debt and our DTR is almost 50%. We are about to get $150k in cash from a business sale. Should we pay off debt or invest? I’m thinking pay off enough debt to get us to 30% DTR then invest ...
Does anyone have any experience getting rehab costs put into the mortgage loan itself? For example, 50k purchase price, 100k rehab for a total mortgage of 150K. I am looking to help fund a flip but would not have eno...
Hey, guys! I am very new to real estate investing, but I want to start out on the right foot. I am just starting out as a financial advisor and I focus on working with clients who own businesses and real estate portfo...
Hey all,I'm looking into the Kansas City area (Independence or other outlying areas) to invest in a rental property and I'm trying to gauge how hot the rental market is. Do rental homes have issues placing tenants qu...
I own a property that is zoned commercially. I want to put a business there. My wife has an LLC she established several years ago. I’d like to transfer the property into the LLC prior to beginning the business. Ex: f...
Hi all,
I am moving to Austin, Tx, next month and I want to get involved in my first property deal! I know this is general, but does anyone have any tips specifically for someone with the below criteria? Any help wou...
My wife and I found a partner for an STR who is willing to to pay down payment, decor and rehab costs, while we would secure traditional financing (jumbo loan at a competitive rate), build a team in our vacation marke...
As a new investor, I have decided to pursue an investment strategy based on the stack technique, whereby the number of units added to my portfolio essentially doubles every year.
(1) What will be the biggest obstacl...
1 bed 1 bath 520 sf house in a college town in Texas
The asking price is $32,000. Plumbing and electric has recently been updated. It has central heat and air. The listing says it is currently being rented f...
How are tax liens investments being taxed? I am yet to speak with an accountant thus ask the question here to get an idea.
I have bought the tax liens past summer. Most of them were redeemed within the first couple o...