I'm just interested in what you all think here. If given a choice between a property close to home in a tax heavy state or one in a "hot" national market which would you choose as a first time investor?Thanks for the...
It seems most lenders are only providing 20-30 year amortized loans with either a 5,7, or 10 year balloon, and most of which have prepayment penalties. What is the exit strategy under these circumstances?
I ...
Howdy Ya'll, We have 10 single family with 5 paid off and approx 550K in equity within all 10.
I'd like to pull out the equity to purchase more properties. What can you tell me about Blanket loans? Also, we...
I'm looking to wholesale a property in 38115 zip code. Problem is, homeowner owes 108k. My numbers could be a bit off but it's worth about 155k. Home needs cosmetic repairs but is otherwise in great shape. Other homes...
I'm new here. I posted awhile back about selling my rental property to get out of debt. We close June 28th and I will be debt free with a big chunk of change to reinvest in my area closer to home. I want to meet other...
Where should I look for good candidate to finance? Ideas?I have bought and sold many properties over the years using craigslist and fsbo sites, however, for this deal I had the bright idea that maybe I do not need to...
Hi Everyone! I am a first time investor and I am home hacking in Chattanooga, TN. Great location, bungalow style, single family home with free standing apartment. I am under contract- the main house was built in 1920,...
I have listened to several podcasts that recommend using equity to purchase more rental properties. I have about $100k+ in equity. Whats the best approach in utilizing the money to purchase several properties. Does...
Which would you say is better for a Buy and Hold strategy or Wholesaling, Properties or Notes? What do you think are the pros and cons of each?I'm just starting out and the way I see it, Notes seem to have more flexib...
Hello. I am trying to get a loan to buy a house or duplex and I am having an issue because I bought a house with my sister 3 months ago and I am being told the whole amount will need to count against my DTI even thoug...