Dear all,I am new to real estate rental investment and looking to purchase my first rental property as a source of passive income. I reside in Santa Rosa, CA and property prices are way too expensive, as such looking ...
I'm looking at possibly purchasing a buy/hold that's priced at $35k. With about $20k, I'd be all-in at about $55k. However, the ARV for that neighborhood & type of 2/1 rowhouse is only $60k. With a typical invest...
Hey all -Hoping I could get some advice on whether or not I should proceed with my current options...I want to invest in real estate, however, turn-key is really the only option I can reasonably handle right now consi...
I need to know how would you approach the following scenario.
You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.
Logistics wise, would it be bet...
We are in the process of purchasing a 9 unit in South Carolina. Our agent took 10k as earnest money a week ago but just emailed me and said that he needs another 10k for earnest money because the law requires a broker...
Like the title says, after months of research, I felt reasonably confident to buy my first foreclosure at an online county auction. I'm not an investor, this was for my family and I to live in.
I ended up pay...
I'm wanting to put an offer in on an on-frame modular in North Carolina. The owner has missed mortgage payments for about 3 mos. If I move fast, shorten due diligence and pay cash to close in say 3 weeks, can the bank...
Situation: Condo is paid off, but there is $7K in condo association fees outstanding. Condo association is trying to foreclose. Condo needs about $10K of refreshing/updates. ARV estimated at $105K. Monthly condo fees ...
Has anyone gone for financing post 4/1? I just went for a pre-qual letter from one of my lenders and he said he was getting quotes at 6.5% for a 30 year conventional earlier in the day for another client and he could...
One thing I'm confused about is earnest money deposits and how to account for them when coming up with my offer amount. Let's say, just for an example, that an earnest money deposit of $5000 is required (we're obvio...