Marilyn Bredar
Private money lending
I'm new to RE investing! I have an opportunity for private money lending. What would be a reasonable rate of return? Also, is there any downside to my borrower stretching out for 20 plus years. I'm so grateful fo...
Shelly Scruggs
HELOC
I applied for. HELOC on my primary residence and was approved. I have 3 days to rescind. I don't have a deal lined up but searching. Should I have waited to find a deal first before applying for HELOC?
Joseph Henry
Thinking about 2nd primary home but current market does not make sense.
Current home valued at ~850k with 50k left on mortgage. Wife and I are interested in buying a newer home (current home is 25 years old). Wife also thinks the current home is smaller with less closet/storage space and ...
Chris Mason
It's now a buyer's market.
Hypothesis: It's now a buyer's market. Some of the agents, who often only participate in one transaction every month or two, and are thus unaware, leading to some quirky anomalies (since buyers/sellers trust their age...
Michael Evans
Multi Family values in a rising rate environment
My question is concerning multifamily properties. They are valued using cap rates, cap rates are driven to some degree by interest rates. Given that the Fed has been raising rates and we are in a rising rate environ...
Eric O.
Consolidate consumer debt into HELOC to lower DTI?
My wife and I have the opportunity to keep our current home and rent it out while we purchase a new primary residence. Keeping our current home and converting it to a rental would be our 4th rental. It'd cash flow abo...
Cameron Weld
How does a delinquent tax auction work in MI?
Hello, I am looking at buying my first tax auction property this upcoming week. The property is located in Kalamazoo, MI. There is nothing wrong with it besides it needing updates. So I feel comfortable buying it at t...
Miles Trumble
Hard money loans at 30%
Hi forums, hopefully this is a straightforward question. Is 30% on s hard money loan unrealistic? It's 3 months with the interest paid upfront.Through a connection life long friend I've got an offer for hard money l...
Greg P.
Rental Portfolio Goal and Structure Feedback
Hi All!I'm interested in getting your feedback on my objectives and how I plan to achieve them. I'll be terse.Goal: Generate inflation adjusted free cashflow of $8k per month in 10 years. Minimum goal is $5k per mont...
Kyle Simmons
EXTREMELY SUCCESSFUL COMMERCIAL BRRRR!!!!
Investment Info:
Office Space buy & hold investment in Murrysville.
Purchase price: $105,000
Cash invested: $45,000
Sale price: $260,000
Extremely successfull Commercial BRRRR!!!
This is my ...