May I know why higher down-payment equals to more cash but lower CoCROI? Thanks!
I am just starting out and I'm thinking of investing in a property with a friend's private money. I kind of pitched the idea to him to see what he would think. I proposed we split the down payment and closing costs 50...
Hello,
Currently I own three properties and I am researching more creative ways to acquire properties. I came across syndication and I am wondering if this type of strategy works for single families, duplexes, three...
I’ve heard it said here and elsewhere that banks sometimes have deed restrictions that in addition prohibiting resale, also prohibit refinancing for a period of a couple months after the purchase of an REO. Does anyb...
Hello everyone,
I live in California and I'm looking into buying a rental home in Columbus, Ohio. Does anyone have experience with a great company they would recommend? (Or a bad one to avoid?)
Thanks!
Pat
I’ve expanded my portfolio greatly over the past year and am up to 8 units. However I ran out of my own fund and am looking into private money. I have family members and friends that are considering being my private l...
As a General Contractor I know I can build tons of equity into any home, duplex, or multi family that I build. I have too many examples to list. We used to call this “sweat equity”. However, banks these days hate that...
I had some bring this up recently about buying x% over listing, and having the seller pay you back the difference which you use for the down payment.Can the seller "fund" me any amount during close?What am I missing o...
Hey BP!!Looking to meet up with local flippers in the Kelowna, British Columbia Canada area. Lots of potential for good profits form what I have researched, hoping to meet some like minded people. If your in the Kelow...
Hi all,My husband and I are new to REI and are trying to learn from you all. Here's our situation.1. Have an SFH. Try to rent it out. --> It will be the first rental property. The house will hit the market next wee...