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Question on just starting out.
When you guys started out how did you determine a accurate repair cost figure? Where did you come up with this to determine your purchase price? I have been debating on getting the "Home Repair and Remodel Cost Guid...
Ryan Peach
Lending Options for Purchase of Multiple Properties
I currently own 3 rentals (4 doors). All have mortgages, but all properties cash flow. The last property I purchased was a duplex and the gentleman I purchased it from has 5 additional duplexes that he is willing to s...
Chris Davis
Asset based financing/ private lenders in Ohio
Hello fellow BP members! Question, I am interested in starting investing in real estate again, but need some advice. I have been viewing numerous bank owned properties in Springfield, OH under 20K most need around 10-...
Emmy Timberlake
Best place to put money for saving for a house?
I am a few years away from buying my first house, and am wondering where to save up for that. Currently, I invest through Betterment with a general investing plan and a Roth IRA, and I also contribute to my employers ...
Jeff S.
Buy and hold partnerships, one in town...
Being in a low yield area and confined to a daily job (low yield requires job) brings desire for out of town property. As best as I can gather buy and hold partnerships are problematic.
As an out of state investor w...
Kevin Martin
Cash or Credit??
Question: Is it better to use cash or credit to buy real estate? Guidlines:Cash: You have enough cash to buy a piece of property outright. Credit: You are taking a loan with 20% down and 10% interest rate fixed. You c...
Kevin S.
LLC and spouse.
Hi everyone, I am about to create my first (Florida) LLC. My first investment property will be a SFR and loan will be on my name only (income reason). I was told by one lender that the property has to close on my na...
David Byrd
Beginner Questions - Forum Etiquette, Research, Networking.
Hello,My name is David. I am a 24 year old active duty sailor. Next year I will return to civilian life and make around 120K a year ( + or - 20K). I will be working remotely which means I have the opportunity to live ...
Kwesi S.
Buying income/investment property before my first home
Over the past few months I have been trying to figure out ways to make some extra cash. Since I am not interested in starting a business or the stock market, I have decided to focus on real estate. My question is as f...
Lee S.
Offer structure on potential rehab.
I'm walking through my first potential rehab property tomorrow with a contractor. If the numbers fit, I'm not sure how I can structure the contract so I'm not out a bunch of money If I'm unable to secure enough fundi...