And the goal is maybe around 70% cash flow and 30% equity growth, so definitely interested in more cash flow. Also, maybe a 40% risk profile, so some risk is fine, but rather be a bit safer.
Cheers!
I found an off market 4 plex built in 1920 or so. The guy wants $100,000 for it. He is willing to do seller financing. Two of the units are rented at $550/month. Those should be bumped to $600. The other two units are...
To all those who have completed a flip with hard money (especially in Maine but also elsewhere): I want to hear your stories. I'm curious as to how your first flip was financed and how the experience was, especially ...
I am looking for an investment property and the local real estate group that I've networking with often suggest using a Hard money loan. Can someone explain to me how that really works? I've heard that they can be u...
So I'm shopping for life insurance and it's completely new to me so I'm kind of nervous about who to go with. The difference in the price quotes is why i'm confused. I'm looking for $250k for 30 years. So, for exampl...
Hi all,I'm just starting to get back into the RE game. I currently have a duplex in addition to my primary residence. I'm working with a realtor now to add another rental.One of the things I feel pretty strongly abo...
Hi BP. I'm new here and this is my first time posting. I'm posting to get feedback from you all on the way I'm thinking about our first purchase and if there is anything critical I'm not considering.We are looking fo...
Hi there,
My name is Jeremy, I am 41 and new to real estate investing.
My wife and I are entrepreneurs and at this point one of us could easily free up enough time to become a real estate professional and take on ou...
I have a property that is worth 60k that I would like to finance through a local bank. Univest claims that the mortgage amount is too small for them. Can anyone recommend a bank that would be able to finance such a sm...
My wife and I both want to get into real estate. We are both students and only working part time. What would be a good route to getting started?