COVID-19 is having an impact on the entire country. I'm curious to hear what others are seeing in their local market. How has it impacted your investments, your local market, or your state-wide market?1. Has the state...
What are you guys take on the real estate market in the coming 6+ months? As a start, what is going to happen with the people that own a large number of short term rentals and are unable to get any rental income over ...
Lenders require liquid reserves (like 6 months of mortgage payments) per property; & savings cash is dead money. When you are talking $5-6k per property, this adds up. Presently I am relying on my 401k; which real...
What would you do if you found out another group keeps submitting offers on the same properties you are?
I'm gearing up to take the next steps in my REI journey. Currently have 5 properties (2 LTR and 3 STR) with waaaaay too much equity in them. All are paid off but one, and that has a LTV of about 20/80. I'm looking at ...
If someone has 10% to put down on a property for the same amount either a three Plex in Waterbury Connecticut (Not necessarily have tenants) The building is in OK condition Or a house in Orlando Florida and Airbnb i...
Hi BP,I'm deciding whether to rehab and resale or rehab and hold for rental. Here are the details:Single family, Purchase price $25kRehab costs $23kARV $75kEstimated profit for flip is $10k (13.5% of ARV), or monthly ...
3rd Repost: 0.125% better to all 30yr fixed products.
I’m a little conflicted about different borrowing strategies. (this is kindof a follow-up post to my earlier threads on 20% and payoffs)
If it’s better to borrow indefinitely, then why doesn’t EVERYBODY a...
Hello there!Given that it's super difficult to find flip properties in Arizona I'm wondering what I should do with a property I'm about to purchase. Seems like "wholesalers" around here are more like "retailers." The ...