When borrowing capital - say 20k for fix up from a non bank source - how do you know what is due if you pre-pay extra money beyond the monthly payment - who manages that, loan balance, statements etc? How can it be m...
I am going to give some hypothetical numbers to illustrate my question. Say I was able to buy a $100,000 property that needed about $20,000 in rehab to get to a good state for renting. Say I used a commercial loan to ...
Hi Friends,I am planning to buy my first property on FHA and looking for an advice on if I should spent the down for investment property first or primary residential. I have limited down payment for 1 property at this...
I would like some insight into calculating returns on real estate projects. I started investing several years ago in condos that rent out with a positive cash flow. I bought units that support higher prices post reh...
My husband and I have been approached by some investors wanting to purchase our house by seller financing. I understand the basic concept of seller financing. However, I don't know how to determine if their offer is b...
Hello,
New investor, still learning. Quick background -- own a small business(10 years) in MN that has $0 debt.
Would like to start our REI journey by converting our primary single family home into a rental. Purch...
If you're planning to by a duplex as a house hack, can you purchase each unit separately?
Financing one unit as an owner occupied property (low money down like 5% conventional) and the other as investment property (...
Hi everyone, my wife recently reached the dream of being able to retire at 49 thanks to rental properties. Some of her properties are in her self directed IRA. A provision in the IRS code known as 72T allows one to ...
Hello, I still learning about -owner to carry contract set ups. I have been reading the post and looking at ads to see if i can understand whats going on. can across this ad and have 3 questions. Can you have it insp...
Hey guys, hope I’m in the right place here or that this kind of stuff is allowed. New to the forums.So good morning. I’m new here and new to the real estate game, actually I haven't even scratched the surface yet. I’v...