Haven't posted in a LONG time so bear with me here. My wife and I are trying to purchase our ex-landlords rental properties, which is around 50 SFH, an 18 unit apt bldg., and a 12 unit apt bldg. We need a $1.2 million...
What are some of the advantages and disadvantages of each approach?
Which one would be a better route to go for a first time investor with no prior experience?
No negative answers or “can’t be done” from naysayers p...
Detroit is falling and much of the blame is aimed at the banks.
It was just reported that banks started foreclosures and evicted tenant/owners but have not taken posession of the property leaving taxes due from the o...
OK, this idea intrigues me. I was browsing FCI Exchange today.
Questions:
1. If I want to buy notes, do I have to be licensed as a lender or servicer per the SAFE Act??
2. Would I have to service the loans? Or ...
Hi Guys,My little introduction I am investing in real estate from last 5 years started with rentals. as of now hold 15 rentals units (all 1-4) here in California and Ohio. this is the first time I am trying to invest ...
Talking about BRRR in Oklahoma City (OKC) here. How do you get the appraisal up so that you can get the most on your cash-out refi? Will appraisers take into account rental income? I mean, if I have a house that's bri...
I'm interested to hear from others on how they have successfully raised money to purchase multi family deals. Currently I have a small network of investors, but I am limited to just over $1 million. My goal is to pur...
I've received an appraisal back of my property which does not account for livable square footage of my ADU. The main building's square footage is ~1900 and the ADU is ~400 for a total of ~2300, but the appraiser is u...
Hi Everyone,Im looking to invest in SFM (less then $125K, 3Beds) in the Birmingham & surrounding areas. In my research so far, Birmingham seems to have potentially good cash flow. However, the area has 2x the na...
Hello guys,
I have a friend who has a home in a very prime location. It's literally across the street from a top medical university. My friend was living in this home up until his mother passed and has since moved b...