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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $66,000
Cash invested: $30,000
Sale price: $169,000
I grew up next door to this property. It was originally hom...
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I borrowed $120k from a family member to buy a primary residence for me and my family (I will pay him back $1k/m for the next 10 years, starting next month, or refinance if needed).Last night I was talking to my wife,...
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Portfolio Lenders seem to be a good way of breaking the four-loan limit that many people talk about, but my question is about the ability to use a bank that offers them as a new (ie. First Time) investor. Who out ther...
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First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...
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Hello all,
I have found a deal that I need a hard money loan for since I cannot put 20 percent down on the property, it’s 4 units all on conjoining properties, it will be around 430k to get the deal to work.
However...
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I own a five unit MF in Huntsville, TX on 10 acres. I am a newbie and this is my first and only investment property. Someone wants to purchase using seller finance so his daughter can live across the street from him...
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Hey all, I’m not sure if it’s because of COVID or the current housing market in general in NJ/NY, but I am having such a tough time getting this to work. I purchased my first property, a two-family back in September 2...
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Say you have $60k leftover every year to invest in rentals. Assuming 25% down, that's a couple homes valued at $120k a piece that one could invest in. I'm sure most banks would allow you to have 2 homes financed; howe...
I'm starting a new job in the bay area and I see it as an opportunity for a long term investment in California. Are there any agents on here with experience helping investors find fixer upper properties that they can ...
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I am researching the concept of Inifinite banking and how it can be setup in Canada. There are a few practitioners who can hep setup a High Cash Value Par Whole Life Insurance Policy with Dividends as the main engine....