I purchased a multi-unit for 400k at 20% down on a commercial loan. Appraisal comes back at 500k. I'm a buy and hold investor and I think there is still room to renovate and appraise it even higher. What should I do? ...
We got started in Real Estate Investing about a year ago when we realized that my husband had six years until he was retirement eligible. We started off with 2 SFR's that are doing well thanks to our friends at STORE...
Good Evening BP,
Been a member for a few years and have "gotten started" multiple times but always get distracted by the allure and easier money of stocks and crypto. Coming back with more money, a condo, and a wife ...
What is the average ROI on one single family rental home? After all expenses I've heard anywhere from $100-$400/month. How can you build enough cash to continue buying properties? I'm not sure if you should be putting...
Hello, We put our For Rent Sign in the window and we have about 5 calls within 4 days. Unfortunately, the person who was to help me has been pulled away and I am in need of quick advice and/or guidance. I need help, ...
Hey everyone! I desperately need some help!! Last September my husband, my brother-in-law, and myself partnered and bought a our first flip project. We bought the property for 122,0000. After a complete rehab, two con...
I'm nearing the end of my first deal (which has had PLENTY of bumps in the road). The latest bump is the completed appraisal.
My offer price of 65,000 has been sun-setted by an appraisal that came in at 57,000.
I'...
November last year, I bought a vacant 9 unit for $210k, put in $40k to renovate and after fully leased, it appraised for $440k. In April, I pulled out 80% or $318k and used $200k to pay off the private loan of the 9 u...
Hello,I was searching the courthouse website and I came across several properties with foreclosure civil actions. Does this in fact count as preforeclosure? At what point of the foreclosure process is it no longer leg...
Some time ago, I stopped contributing to my day job's 401k. I wanted to take every penny I earned and make it available for REI - the annual 1.25% increase over the last decade wasn't cutting it from the 401k. Howeve...