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Hi all,Newbs here. We have a TON of money in equity on our primary, want to get into RE. Our friends, many, have done the STR thing in Cape Coral and can’t say enough good stuff. The appreciation is there, the growth ...
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I am a newbie and just established an LLC for the purpose of buying single family,duplexes and quads as buy and hold investments.
The mortgage broker just informed me that lenders will not finance a conventional mort...
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Just curious to see if anyone has started a tiny house community. I am thinking about developing one and was going to use the mobile home park concept as a model. I've done some preliminary research and looked at wh...
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It's cliché, but true. A lot of millionaires are made during recessions.No matter what you invest in there are and will always be golden opportunities to take advantage of during every recession. For me, it's real e...
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When using a self directed IRA as a down payment on a rental property, I'm understanding that any cash flow can't be touched for personal use (if that's not the case please chime in). What happens then if you wanted t...
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fourplex with gross rents of 23,760 (10% vacancy) Total expenses: Property tax 5,592, insurance 1,200, maint and repairs 2,400, legal professional 100, auto 200,electric 360, water 960, other (includes plow and lawn) ...
I talked to a mortgage lender in my area, and after a few minutes of talking he was clearly excited about my situation! This got me really excited too, and he told me that I am formally pre-approved for a loan! I am t...
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So I’m struggling with how much my mortgage payment will be after I refinance. If I buy a house for 150 and can rehab it to make it worth 250, that’s a giant mortgage payment. Even if I’m getting 1500 a month for rent...
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I am exploring different ways to generate additional cash to use towards BBRRR and cash only home purchases. I have money in stocks and emergency funds but would like to avoid tapping into them if possible. I know the...
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I sent out about 200 yellow letters last week and another 300 this week and the calls have started rolling in!
I am totally psyched! I love talking to people about their properties and listening to their situation. M...