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I am looking for the best possible deal on a mortgage (leaning towards higher credits as I plan to fix and flip) on a 5 percent down mortgage payment. I've looked at a lot of banks, but am curious, does anyone in the ...
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I am planning to use private money (close friends and family) to help fund the rehab portion and some of the purchase of a BRRRR. To transfer funds, is it as easy as signing an agreement with them, then they wire fund...
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Hi everybody!Back again with another potential first investment purchase! My last condo purchase fell through due to family matters within the estate. Here are the details:Property is a 2 family in Lowell within 3/4 o...
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Hi all,Does anyone have experience with house splitting/house hacking?My wife and I are thinking about splitting a house, living in half and renting the other half as a STR.We are currently living in South Florida and...
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I've been going back and forth over what to do and would appreciate any feedback. A couple months ago we purchased a SFH with cash and an unsecured credit line ($20,000). The line is interest monthly with a variable i...
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I've been reading the forums for a while, but never posted. My in-laws told me about a situation they are going through and this was the first place I thought to post to seek advice. I just heard about this this morni...
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I went to local REI talk on self-directed IRA investing. Do you think it is worth converting a traditional IRA and investing in real estate via that vehicle? Thanks. Steve
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Hello everyone!
I am signing today to sell one of our live in flips! I will be using the proceeds to possibly buy a great cash flowing duplex close to our current house. As of right now, all the properties we have pu...
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I thought it may be useful to some of those in the bigger pockets community who are new to investing in RE to share some actual data from “C” class properties.Given all the discussion around projecting returns from bu...
Just trying to make sure I understand the mechanics of a foreclosure auction when the holder of the 2nd mortgage is the one foreclosing. Assume the following facts - 1st mortgage with $150K principal remaining and a 2...