I buy and flip houses as well as by rentals throughout the year. Currently, I am set up under two separate LLCs for protecting my rentals in case I get sued over a flip. However, I have been thinking… If I flip house...
I recently purchased a house for $120,000 in cash. The cost approach on the house is $185,000 after renovations. If I go through a conventional lender they are requiring me to use a hard money lender to renovate the h...
Hello all, very interested beginner here. I’ve started self educating on real estate investing with the goal to take action later this year or beginning of 2024. Specifically looking in the state of Wisconsin (Madison...
I am currently closing on a SFH that will be a rental in NC. The area is kind of rural, and I don't expect to see a huge number of applicants. Say somebody applies, they have good credit, no criminal history, job, etc...
Hello I'm Alex, The saying goes, "You can't judge a book by its cover." I may not have much of a cover to show, but I do have a story to tell, and I hope you will find it intriguing. My parents started flipping ho...
HI, I was just wondering if anyone is using Facebook, instagram, etc. to make informed decisions on potential tenants in addition to all other background checks and references. If so, how are you approaching the us...
Hi everyone,I am in the process of finding my first investment property. this is the first time ive posted in this forum. So a lot of new!I believe to have a great deal in front of me, especially for my first proper...
Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used th...
I know your supposed to keep working and keep chugging forward but after 3 years of hearing "NO" from banks I am feeling really frustrated. How do you keep motivated to continue when continually getting denied. :(
In my limited experience, lenders predominately offer the same thing (though I could be wrong about that). What would you recommend looking out for (characteristics, credentials, etc. they should or shouldn't have)? I...