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So I’m learning quick with the brrrr strategy that no one seems to talk openly about the 6 month waiting period on a brrrr before you do the cash out refi. If you buy with a mortgage, you have to be on the title for 6...
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Investment Info:
Small multi-family (2-4 units) other investment in Saint Louis.
Purchase price: $173,000
Cash invested: $12,000
I bought a small multi-family home (2 units) in South St. Louis. I am ...
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Hi All:How do you deal with your repairs if you rentals are located in another state? Recently, bunch of properties are having plumbing issues and even very expensive furnace issues. I got overwhelmed by the sheer exp...
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Just curious what's the process like when buying and selling bulk Reo's is it as simple as wholesaling essentially as far as the concept goes?
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I am a consultant for a CRE company in NYC. I am fairly new to the real estate industry. I do not do sales or brokerage so I was wondering if it is a good idea to pursue a real estate license for NY. If so, which l...
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In November I purchased a house free and clear that my aunt was renting because the owner was planning on selling it to a random person that was considering kicking my aunt out of the home. So I figured I would buy...
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Hi All,I am looking at a deal currently on a $72,000 property, where the loan amount would be $57,600 (20%).Everything looks good and the rate from the lender is 4.75%, which works well for me.The closing costs are st...
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So I'm in the Washington D.C. area and have MLS access through my real estate agent's site, listingbook.com and frankly, I think it's lousy. I'm very aware that common consensus is that the MLS beats other website...
hey All,My name is Dinesh Babu, I live in Frisco TX. I just wanted to say at the outset that this must be the best site out there when it comes to real estate investing. I've been reading and listening to the podcasts...
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Hi everyone!So there are two schools of thought with regards to both LLCs and bank accounts.Some people say an LLC per property, some people say a bank account per property...What about having multiple LLCs, but one m...