As a new investor, is it best to create your LLC within your current state of residence or the state in which you are planning to invest the most? Any suggestions or guidance would be very appreciated.
So, if we were to use a traditional mortgage route to buy a Rental Property, the underwriter will have to check you income from job, others, as well as credit, amount of money you have and also any assets. Each one of...
Im really excited to write this post. I joined bigger pockets two weeks and today Im getting preapproved to make an offer on a townhome out of state. I need some advice and direction. Im sure some of this info is c...
During the "rich dad" seminar they were talking about rent-2-own properties and how we didn't even have to use our own money or credit.Can anyone expand on that and let me know what the process for that is? that's the...
I'm looking to get my first deal under my belt. Found a 4 bed 2.5 bath that's been on the market for nearly 6 months. They're asking 340K and I'm thinking of offering 10% under asking (306K). The market is really toug...
Good evening investors and real estate gurus,Here's the situation: I have 2 tri-plex's in the Tampa Bay area. VA Loan/Conventional loans were used for the acquisitions. I no longer live in any of the units (it's be...
I just bought my first investment property in my name (all cash) in the Detroit Michigan area. Before I file the home transfer affidavit and submit the shorter rental application with the city and setup utilities, sho...
On the subject of #exonomic crashes:- Median family household #income (US census) -1999: $42,0002020: $67,521(61% increase)- Median #home Price in the US -1999: $152,0002021: $411,000(170% increase)- Average #student ...
So I've been listening to the podcasts for a while and reading all I can, (currently Ken McElroy's ABC's) and I am going through the process of securing pre-approval for our first home loan. Problem being, I want to l...
Ok here goes, first post also!!
Found a property about 40 min from me. It is a 12 unit building with 2 Commicial units in the front. It has 4 two bedrooms and 8 one bedrooms. The Commicial units need remodeling hasn...