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I posted a few thoughts I had on another post. However, I think I have more solid thoughts and questions now.I really want to do buy and hold real estate investing.I have about 20K in a PLOC, a credit rating about to...
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Hello all,
I have NOT yet talked to an attorney, however I have talked to the bank that holds our Mortgage and Equity loan about this situation.
Due to a job loss and my havi...
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Hey guys.I have been listening to the podcast for awhile now and alot of the investors who speak about the BRRR strategy find private or hard money and buy the property, reno, and refinance at the new appraised value....
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Hello gents!I’m starting my journey into investing in real estate. My idea, together with a partner, is to use the DSCR loans to buy different properties in the midwest. Talking with a lender he told me its not possib...
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Here's my situation. I'm 40 years old. I have 4 rental properties. 1 has about 50% equity. The other 3 have around 30% equity.I have about $800,000 in my 401k.I have about $200,000 in cash.The 4 properties are on ...
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I just purchased an all cash deal that I'm rehabbing and will have an ARV that I'll be able to finance and get back my initial investment (LTV 75%). I purchased the property and fixed it up all in cash, but in order ...
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Hello Everyone,I've learned a lot from Frank Gallinelli's "What Every Real Estate Investor Needs to Know About Cash Flow," however, the Internal Rate of Return concept is still a little confusing to me.In this book th...
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This was my first STR purchase. I decided to split it up in a partnership to leverage OPM (other people's money) to accelerate my growth. One of the partners is a physician and essentially a passive partner, so we ...
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I mean no dis-respect with the title, I just need to quickly determine who the real players in the industry are - whether they are individuals, companies or institutions. Please feel free to reply on here or refer in...
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Folks, I'm a bit confused on the latest foreclosure news, reporting that there was a 21% increase in foreclosures, MoM, in October 2020. I thought that there was a moratorium on foreclosures due to the CARES act? The ...