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I am in the process of finding a investment property single or multi family. From what I been reading on here it seems like if you still have some cash left over after the 50% rule and mortgage it is a good invest...
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Hello all,I have a potential tenant that has a "small bunny who stays in the cage" who would like to look at one of my apartments. So far, I have allowed cats and haven't had an issue, and we are not allowing dogs (e...
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I have the read the 2% rule as the rent should be 2% of the purchase price. Wouldn't be more apt to frame this % rule in terms of the mortgage on the property?
One could put 25% down instead of 0% down and cash flo...
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I was introduced to container homes a few years back and since then I just fell in complete love! I actually cant wait until I reach the capital to build my first dream house out of containers. Having the investor me...
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Hey Guys,
I'm on information overload and it's got me frozen like a deer in the headlights. I'm looking to invest money for the long term. I don't mind doing some repairs, renovations, and tenant management. ...
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Being a buyer is it mandatory to sign a Buyer representation Agreement with your Real Estate Agent? My agent suggests I sign it in order to work with him and for him to put an offer on a property. Is this a common p...
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Hey guys, question about hard money quote, please advise:My quote for a loan of ~ $168,000, my first flip9.5% interest rate (I understand)Closing Costs- 1.5% Origination Fee (I understand)- $1,495 flat rate Processin...
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My wife and I live in Livonia, Michigan and are making to push to get out of analysis paralysis and into taking direct action in securing our first investment property. We have been in the education phase for quite s...
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Hey Everyone. I've been on here for a bit and have been to some RE meetups the past six months. I'm looking to get my feet wet and buy some SFH rental properties out of state (I live in Los Angeles). I spoke with a...
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I realize that someone could use both at different times, and it's dependent upon the listing price and condition of the house...but of these two, which do you use more often:
1) Start with your lowest offer (maybe l...