Where does your profit come from when you buy a note? From what I understand, when you buy a note you are becoming the lender to the homeowner and then they must pay you their mortgage payments per month. Do you then ...
Hello everyone, This is part 2 of my research project for house hacking. Please let me know any questions you have surrounding house hacking. If you have the answer to any question you see, feel free to answer. Thank...
Is it doable? Lien $450k, homes current value=$400k
I've been talking with an elderly homeownder who is house rich, but cash poor, and has fairly low income. He wants to stay in the home, but needs more cash for living expenses. He has good credit. What can he do to...
This would be my first deal and the numbers seem to work out, but I'd like a second opinion.The PropertyThe property is a 3-season, single-family house located in a lake community in northern New Jersey. It's a Fanni...
Hello all! I came across a great opportunity in a sought after area outside of Columbus, Oh with very little rental inventory. My friend decided to move to Lima with her boyfriend and needed a quick close on her home....
Hello! I was curious and wanted to know what you all thought about leaving active duty and going to full time REI? Any advice or what you wish you guys did ahead of time? Appreciate all advice!
I need some investment property advice. I can refinance my first-and-only current rental property to lower my overall payment by a couple hundred per month and get rid of PMI, but I'm not sure what to do after that. I...
I am just starting out.....I recently met with a lender who suggested I get financing personally as opposed to my LLC. Informed me that it would be more difficult and expensive to secure financing as an LLC. My conc...
I have a rental that is worth 80k, loan is around 57k, renting for 950/mo. Recently rehabbed so pretty low expectations of repairs in the near future.What ideas/methods would you use to maximize the return? It's ~12% ...