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I understand the first half of this strategy... By buying a property in cash, it gives someone the upper-hand in negotiations vs someone using conventional financing. Then when the deal is done, refinance the property...
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Recently after years of reading and listening to books and podcasts on owning rental property, I decided to start taking the first steps towards making a purchase. For years I've heard about folks buying and rehabbing...
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Can it be done? Flipping a property in two weeks is a pretty lofty goal. We just did it!It can be pretty difficult to pull off, but it can also be very lucrative. You’re chopping the rehab time down significantly, and...
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I'm 24 and looking for the best ways to invest. How and where should I start investing in real estate with 30k cash? I'm interested in cashflow, but also the idea of fix and flip, but I don't know if it will bring eno...
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I hope this is the right place for this. It is strategy and construction all rolled into one. First my home and then the triplex.My HomeI've been house hacking. Renting out my basement rooms to cover my mortgage. Curr...
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Hey everybody, I'm just thinking out loud here so bear with me if I don't make much sense. I'm just trying to capture some thoughts before they escape this mindtrap brain of mine.I'm a small time side biz investor, on...
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I would appreciate insight into a property I've come across. It's a 5 plex in a good neighborhood. I'm wondering at what price this deal would make sense? Here's what I know.......Asking price is 159K Thank you for t...
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Hello all,With respect to finding good buy and hold deals, has one ever noticed a higher ROI with larger properties?Larger meaning higher priced properties. Obviously the monthly mortgage goes hand in hand with the pr...
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How do you decide which area to buy in? I live in the Chicago area and have access to dozens of Chicago suburbs, the downtown area neighborhoods, even Wisconsin and Indiana. I'm aware of School district quality tools ...
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I am in the process of buying the first property cash. For obvious reasons it makes sense to hold it under an LLC, But will that make it complicated if I go to cash out refinance it? TIA