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I am in the process of purchasing a property that was listed as an estate sale in PA. Cost-$55,000ARV-$140,000Rehab work-$40-$50KIt will be a cash sale. I am leaning toward a flip and the process may take between 6-...
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Hello, all,
I have been watching some properties going into pre-foreclosure in my areas of interest. Some have a auction date set and some have already passed the auction date. They are just sitting there.
I'm jus...
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Hello,I am looking to purchase a small multifamily (2-4 units) property to use as a house-hack in the next 6-12 months to get my start in real estate. I'd like to get some insight into how to select a market to invest...
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I sold a property thru owner finance, but I have a question about the bookkeeping/tax side of it. Here is the journal entry for it basicallyMy questions are:
Is the journal entry correct? 26K is quite a bit of reven...
I'm looking to purchase a 30+ multi family to add to my portfolio. However, I need to find a way to put low money down on a loan. I currently own a duplex and using the brrrr method- I'm still in the process of rehab...
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I'm currently in a 1 year balloon mortgage that is due to mature in May. The home is my primarily residence. My wife and I have jobs and our credit score is roughly 580. Are there any programs that will allow us to re...
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I am currently in the process of a fix and flip and I wanted to explore my options with BRRRR. I have been reading the threads about BRRRR and I'm still not understanding. Can someone please explain this process to me...
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Good afternoon!
I am a remote BRRRR Investor. Currently investing in small multi family but looking to transition to commercial value add's in the future. I am looking for someone to refer me to a lender/ company who...
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I am looking to buy and occupy a duplex in my area while renting out the other unit in the house. Most of the duplexes in my area are over 100 years old. Is there any advice or rules of thumb for homes of this age. So...
I currently own 2 properties in AZ free and clear. I want to use the 250k in value to purchase a multi unit rental in Chicago, while keeping and renting my AZ properties. My income docs aren't there, is there a priv...