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Hello All,My cousin and I partnered up and purchased our first rental property in western Massachusetts. He is local and will be fulfilling landlord duties. I am remote (living in Reno, NV) and will be handling all ac...
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Have a primary mortgage 36,000 left at 5.6% and 12.5 years left. Have a rental worth 30,000 that is cash flowing 100 per month. I used a line of credit on my primary for the rental. I now have about 13,000 in equi...
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I am thinking of getting into rentals, and would like to form an LLC to purchase my properties.
QUESTION: Can a newly formed LLC even get a loan from a lender to purchase a property, given that it has no credit histo...
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Me, my brother and father-in-law are just getting started in REI. We have two offers out on properties that we will be buying with cash. Our strategy is to purchase the home cash, rehab, then refinance them at the A...
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I have been using Smartmove.com to invite tenants to fill out their information to run a credit and background check. The problem is that some of the potential tenants are not internet savvy or don't have access. I ca...
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Just starting out and have exhausted the obvious first choices for investors-friends, family etc.. Any thoughts on who to approach after those? Also, I would like to be as prepared as possible to answer any possible q...
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Hi all! My husband and I have two properties in Denver, CO that became rentals by circumstance, not intentionally. We're looking in to buying our first "on purpose" rental property. We're currently living in Akron, Oh...
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Hello,
My name is Stormy Hollingsworth and I will be graduating High school in the summer , and also getting my real estate license. I am very interested in getting into positive investments fairly quickly an...
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My wife and I are in the process of purchasing our first investment property! I feel like we have hit a roadblock. We are currently going through the pre-approval process with a local credit union. The bank does off...
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I've spent the last few weeks reading & listening to stories & wisdom to get my start in real estate investing. My simple plan is wholesale 3 houses, flip 1, then see where that leads. I have peeled aside $1,2...