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Hi all! Please be gentle on me. Just a few thoughts...are their any kind of "rule of thumb" goals to follow when purchasing rental property? Is it okay to purchase property with standard financing of 20% down? Is that...
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Hi, I've got several disparate sources of funds that I'd like to grow by partnering/lending with other investors. Ballpark figures:$50K HELOC @ 4%$900 @ 5%$15K Self Directed IRAI can use the HELOC and SDIRA to lend...
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Hi Bigger pockets,
A lot of investors seemed have started out with little or no money and have been successful. I want to start investing in passive rental income and will have a sizable down payment to enter the mar...
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So I’m sure this question has been asked before but here I’ll go:I was looking into buying a property that didn’t go through, but it left me a couple of questions:1)At what point in the process should I be reaching ou...
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Hi all,
I'm new to the forum and a complete novice when it comes to real-estate. Perhaps my questions are going to be amateur and annoying because they are presented everyday, but any advice would be greatly apprecia...
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I currently own all my investment properties free & clear with around $600K in total value/equity. (Which is a lot in the Midwest/blue collar areas where median home prices are below $100K). I'm ready to start le...
Do you think a college education is needed to succeed in this industry?
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Hi all,I'd love to hear some advice from the seasoned investors on if/when to sell a rental property and repurchase another one. I have four rentals and a couple of them currently have significant equity due to my ar...
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i am scheduled to meet seller. He seems very motivated to sell. His asking price is $72000. He is willing to accept $59000 cash. The house is 3 bed 1 bath all brick 1789 sq. ft. Decent set up, needs $8000 to $20000 w...
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Buyer is using USDA loan. Appraisal was done already. We were moving towards the closing of the loan, but the government got shut down... Got an expensive termite & crawl space repair needing to be done before clo...