Today I won two separate auctions for two foreclosed properties in Baltimore, Maryland. One for $12,100 and the other for $18,700. They both need work as well. To top it off Im using personal loans to pay for them. I ...
Since getting in real estate 11 years ago, I knew I wanted to buy rental properties. Then in 2013 I finally got the shot to do it after finally finding a private money partner to go in with and start buying. Since Jul...
Perhaps this is a better topic for a blog post, and perhaps I'll do that. But - is there a bubble or isn't there? Should we keep buying, or shouldn't we?On one hand, prices are outpacing income growth. On the other ha...
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
I'm working on a 10 year portfolio plan for buy & hold rentals (SFR or Multifamily). I can reach my goals if I can hit 9% CoC return (on average). My secondary goal is 20% forced appreciation and 5% market appreci...
I have a small residential portfolio which I have enjoyed and would like to continue to grow. Commercial investing has always interested me, although I have heard its a much different animal. I have a residential lice...
hello,i have 175k for real estate and putting aside 105k for a duplex with 15% down financing conventional in my home state NJ with the goal of living rent free or close to it. use the 70k plus for a rental single in ...
I know that this post is long, however, I think that it can provide some insight into the process of getting a portfolio loan for those willing to take the time and effort to read it.
My Portfolio Loan Story
I feel ...
I am just starting out and my local market of Portland, Oregon is a bit out of my price range ($500k is the starting price). Well, $100k+ for a down payment is my current obstacle. I started looking at other markets...
Hi,
I'm looking for an idea of what kind of financing I can get. I'm looking to quit my job in about 6 months, so need to make my purchases one after another until I'm tapped out because after that loans won't be an...