My realtor told me that in rder to buy a reo property the bank wants 1oK in earnest money. The arv is $400k, and i will be offering 15ok. I told him the most I would offer is 2k. He said that the banks ask for 10k be...
I've been looking at multi-family properties where I live in CA and out of state. I haven't found a single one listed for sale that meets the 2% rule. Do they exist? I'd love a link to one of these unicorns just to se...
I have entered a knowledge-consumption stage, and due to there only being so many hours in the day, I must be efficient with my time. I have read perhaps a dozen RE books, with each of them saying more or less the ...
Return citations were getting thrown around on another thread a few weeks ago so I took the liberty of dusting off some old finance texts where people try to get quite specific about citing returns. The case is made ...
Is there a difference between the two?
If the loan terms were the same, would you be more likely to work with a private lender or a hard money lender?
Hard money lenders use private money, so to my mind they are the...
Economic Update Monday, December 14, 2020)Emotional intelligence, an important concept for investors to understand, is loosely defined as being able to recognize the feelings of ...
I'm a newbie from CA trying to invest in my first rental property in TX or some other states with healthy RE market (good cash flow and landlord friendly). After doing a lot of research, I heard a lot of different opi...
Hi. I do not live in the US but my daughter lives in NY and has a excellent credit rating. We plan on during deals together. I have approx. $200k cash and want to build an real estate portfolio. We seek advice on ...
Hi,This is Sohel. I live in California but increasing house price here is making me think to purchase a rental property first instead of buying first primary residence. I am interested in Phoenix area apartments, cond...
Hey BP!So, I'm currently talking to a few painters about taking care of one of the units at my duplex in Winter Haven, FL. Some people I've reached out to have simply provided me with a price per sqft, but 2 of them h...