Hello,I own a home on Long Island that is currently worth about $500,000. The house is fully paid for. I have about $48,000 in cash and would like to purchase my first investment property. Should I do a HELOC? Can I d...
Hi all, Jonathan from Ann Arbor, MI here!I've been around the BP and REI communities before but have never jumped in. Safe to say, I think I've matured enough that I'm ready to drink the Kool-Aid. :)I've always been p...
Hi Everyone, Hope you are doing well today!!! Okay sooo here I go...OK so I received a phone call from a wholesaler he came to me because I have clients that are willing to put down $30-$60,000 on a home, Now after as...
I have been looking to purchase my second fix & flip however I keep losing out to all cash offers. I have also been looking at foreclosure and sheriff sales which want funds within 5 days. Which is the best way ...
Hello All,I'm planning to buy a property (most likely a townhouse) in Seattle area but the house price has been discouraging for me. The market has cooled down quite a bit due to the interest rate and big tech layoffs...
Hello everyone, new to this group, but have been investing in real estate for about 5 years now. Rented my house we originally lived in 12 years ago because we couldn’t sell it when we moved and that’s how we got star...
Hey guys,
I am 23 years old and just purchased my second house in Philadelphia (manayunk, roxborough area). I was wondering how you think I am doing/ if you think I am rushing into a next deal. Since I just p...
My question is, as you acquire a property you obtain a significant hit with closing costs. How do you roll that into your monthly, or annual breakdown for net profit?
Hi. I am from Los Angeles, CA. I have not worked with anyone who does DSCR loans. Do you guys have any recommendations? There are a lot of companies when I search in google and not really sure who to go with. Thank you.
I found a lender who will give me a HELOC for my 2nd home with a variable interest rate of 8.25%. I can access about 150k at 95% LTV. I don’t have a primary so this is the only option I’ve found after calling many ban...