Dennis Wasilewski
Signed PSA on first BRRR deal, bought off Hubzu
Been listening to the podcast for a year but in March I decided to get serious. Started calling brokers & analyzing deals more closely.
In April I went under contract on a 6-unit in York, Pa with under market re...
Jan Kutrzeba
Buying in a random small town far away from home base
What resources do you use when speculating on the future of a town you're investing in?I found a property in a small town (population of <10k) in Florida. I've never heard of the town and know nothing about it (bes...
Tom Smith
Will buying condos in cash always cash flow positive?
Will buying condos in cash in any market always cash flow positive? Any cases where buying condos in cash would not cash flow positive? Is the return for condos better if financed or purchased in cash?
Zack Polino
Bad Deal?
Hello
I've owned a 2 unit double near Buffalo, NY for about 6 years now. I rent both units which pay for my mortgage and leave me an additional $200 a month. I always thought this was a pretty good deal and was loo...
Lakisha W.
New to the forum and have a couple questions...........
I'm interested in buying cheap houses(up to $100,000), doing some repairs, and holding for the long run. By doing this will I be able to achieve a substantial cashflow and appreciation simultaneously? Also, is it wise...
Lynn Payne
Problems getting loans on more than 5 properties?
I have heard that, as of August 15, Fannie Mae and Freddy Mac have limited an individual to 5 mortgaged properties. I already have more than that many and am becoming liquid again and ready to buy in this down market...
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The big deal $1.6 million
I'd like your thoughts. There is an REO property I have not offered on yet and am unsure if I will. This property is listed at $1.6 million and has been on the market for a while in the Houston area. I have been le...
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Using your cash vs seeking HML or other sources
Hello,
I've been considering using hard money loans to get me started in REI here in my area. On the other hand I do have enough personal funds to acquire the properties that I will be focusing on (acquisition inclu...
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Transaction costs
Background: I am not active, at present, in the real estate investing field. Did a bit of it in the mid-90s and got out after a couple years. I started looking again a couple months ago (some posts on this forum), t...
Chris C.
buying first rental paying cash vs making down payment
I am looking at buying my first rental property and wondering what strategy makes the most sense, I have some cash can buy one house that might not be in an area where the value will go up anytime soon but has slot...