I'm looking for some advice on financing for a rental property I am preparing to make an offer on.
Property details:
3/1 foreclosure listed @ $49,000
My offer = $55,000
Estimated repairs < $3,000
Estimated rent =...
Hello BP Naton,I am searching for my first house here in the Fort Bragg/Fayetteville area, with the plans to buy and hold. I have about 35k saved up and with the help of a family member My budget is up to 80k. My que...
Trying to save up as much as possible for my first buy and hold property. Any tips to get the best ROI to raise money for a down payment?
Hello everyone, I'm new here and I'm VERY anxious to begin my investing journey. I've been researching REI for over 2 years now and I'm ready to dive in. The problem is I don't really have much cash to play with. I...
Hello all,
I was looking for some advice with possible best next steps to expand on a newbie portfolio with 1 live in duplex (live on bottom, rent the top floor) rental. Especially in this market with high interest r...
I am currently going through the foreclosure process. I am at the very begining and was wondering if it is possible to let it go to auction and wait until it doesn't sell then offer the bank more like what it is worth...
So, to humor myself today I opened one of those common mailer advertisements to see what crazy low rate they wanted to push me on my condo for. To my surprise it was actually for a 4plex that I just purchased less the...
Hi All , I have a rental property I bought with LOC , The LOC rates are very high and I was thinking to take a mortgage on the house with a cash out option to invest in one more property When I am running the numbers...
Hello BP, THE ISSUE: My CoC ROI in a HOUSE HACK is negative.My plan: Is to HOUSE HACK in a Tri-plex, preferably a Four-plex, Multi family. I've been running the number into the rental calculator and I typically fi...
I listened tony the podcast 21 1/2 tips last week and while some of the tips did not completely fit for me as a real estate broker, one made perfect sense: the posting on Craigslist that I buy houses for cash. I put a...