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I am 23 years old with 30k saved. I am looking to invest in Rochester, NY where some SFHs and duplexes are on the market for 30k. Because of my age and that I don't have a high paying salaried job [I work two part ...
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Often time, prospective home-buyers become homeowners by securing a secured mortgage loan in the first instance and then subordinate them with a second mortgage loan, often known as the home equity loan. Due to the...
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Scenario: Purchase a fix/flip with a partner 1yr ago. My soon to be former partner took the lead on repairs and dealing with finances. She received money from the bank(although we were partners she did any and everyt...
Should you always tell agents how much cash you have on hand to buy investment properties? Let's say you have 500k cash on hand, should you tell agents and wholesalers this upfront so they know that you are serious an...
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What is your experience and heads up on doing this?
Do we sell the SFH to our own SMLLC , if so do we sell for county/city appraised value on their records? or market value?
or do we just submit the transfer documen...
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Hello everyone,
My name is Matt, I am 23 years old and live in Massachusetts. I have saved up $15,000 to purchase my first investment property which i hope to be a MultiFamily ranging from 2-4 units. I have b...
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At 27, I finally have enough in savings to start investing in real estate. My plan is to buy a duplex, live in one half, and rent out the other. My question is, can I get a mortgage for less than 20 percent down if I ...
I'm in the process of starting a REO investment club where many investors will collaborate to become like the bank and financed people without the headaches. This club will be for investors to create for themselves a ...
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Hello. Good to be here. Like so many of you, we have the same problems. Especially financings. Everybody you meet who says they can finance you never really does. They keep your fees and if they do finance you, most o...
Hello everyone, I just put a property under contract for $61,000 and well, the property looked "nice" in the pictures but it was a complete different story when I went to see it. Long short story, my contractor estim...