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Hello,I'm starting off in real estate investing - soon to make my first purchase. I want to own many properties, but at what point will banks stop giving me loans? How do I avoid this?I was speaking with an investor a...
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Hello,
Hoping to get some opions. I have someone who looked at my rental last night. I got a great read from him, seemed like a very down to earth honest guy. He and his wife want to apply for the rental so that i...
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Hello All,
I am remodeling my condo in Chicago with the intention of renting it out in a couple of months. It is only 650 sq ft and the kitchen is about 70 sq ft.
My questions is, which size floor tiles should I ...
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I thought I'd share my investments to date and ask a question. I have 8 SFHs renting from 1300 to 1700 a month. No section 8/HUD. Mix of older homes and newer homes. Total cash flow is approx 3800 a month after all...
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Hello everyone, I just recently joined bigger pockets. I'm 25, just recently purchased my first "personal" home, and decided I need to start investing for my future. Real estate has always seemed interesting to me ...
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Okay, let's say that you just plunked down 100K on some piece of property. As the professional investor that you are, what monthly cash flow figure would you find an acceptable return on that $100K? I asked that que...
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I am a novice when it comes to different types of lending ( Conventional, Private, etc.) so I am looking for some help as to which route I should take.Credit: Not so great. 650-700. DTI: Great. If I had 750+ credit I ...
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I am not sure this is a unique situation, but it is to me with an existing tenant. Early this year, I found out that our tenant was wanting to purchase a home vs. renting long-term. I let them know that I would be ope...
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I have always offered 4% agent commission on the sales of my flips and personal residences (7 deals and counting) and have been able to get over asking price on 5 out of the 7. I have been told by a few real estate ag...
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Investment Info:
Single-family residence private money loan investment.
Purchase price: $70,000
Cash invested: $20,000
This was my first investment property which I acquired via several strategies....