I took out a hard money loan for a rehab project. Purchase price was $51,000 and the rehab escrow was $60,000. I've worked with this lender before and the fee is always 5 points plus $2500 with 1% of the loan to be...
When I bought my first home, the seller came in an hour early to sign paperwork so they never had to meet me. The attorney said this was normal for his personality. I found it rude and impersonal. Since then, I've ...
Hello,I am having a hard time running my numbers for STR investments, because I don't currently trust AirDNA. Depending on the neighborhood or city, I am finding some significant revenue pockets that make the number w...
According to press release published yesterday by the U.S. Census Bureau:"Four Texas metro areas together added more people last year than any state in the country except for Texas as a whole, according to new U.S. Ce...
Why sell your home and let the banks collect the interest? Instead you should make all the money off of your property. Don't pay retail, I'll sell it to you at half the cost. I purchase my first home for $40,000, did ...
Hello everyone, hope all is well,I plan to sell a property using Owner Financing and need/want to learn the ins and outs of this strategy. I have searched online for information and I'm asking if anyone has good infor...
Hello all,
Seeking advice on how to analyze potential apartment development to hold and carry as an investment.
The building would be 8 units total project cost in the 1.2m range, and would be projected to gross ...
I've made the decision to get licensed. It just seemed like the next logical step in my RE journey. I'm so nervous and I can't pin point why. I'm not sure if it's passing the school or passing the licensure test. Is t...
Hi guys,
I'm running the numbers on my first investment and wanted to get your thoughts. It looks like a great deal to me from a numbers perspective. I'm a buy-and-hold investor and am not concerned wit...
I want to make another move, but I'm nervous about mortgaging myself too much, then come the day I want a house of my own, I can't get one. I have one 30 yr mortgage on my plate right now. I can live in my rental for ...