Robert Jones
First Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $82,000
Cash invested: $10,000
3 bed 1 bath on 2 acres in great area, close to town, great school district.
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Mario Ta
Structuring deal with private lender
I have a small rental that I am looking for a private lender to help me purchase at the end of the lease purchase I'm involved in. There is some equity in the property but the property needs minor cosmetic work. Howev...
Krista Roodzant
Keep CA SFR or sell and 1031?
As I understand it, we are probably near the peak of housing prices and are due for a correction. Given that strong possibility, should we sell our SFR and 1031 exchange it for cash flowing turnkey properties out of ...
William Miller
Federal tax lien issue on abandoned home
The scenario, found an owner of a bando property. Sub says lost it to bank. After checking title commitment to close bank appears to have vacated the foreclosure. There are back taxes owed $4K in property taxes, and a...
Tyler Divine
How to structure cash/sweat equity?
I would love some feedback from those who have structured cash/sweat equity deals. The scenario is as follows:2 parties involved with the ability to contribute 50% of the cash each. One of the parties has found the de...
Kyle Haines
When to buy a second rental property?
Hi all!So im heavily debating on getting a second unit but am unsure of my capabilities to. I own a single family house that only profits about $80 a month after my mortgage and such, but I have roughly 40k in equity....
Matt Dalton
Two properties (1 is a trailer) on one parcel financing options
I have a free and clear property (two properties on one parcel), one is a house and one is a trailer, and I’m having trouble pulling against it because of there being a “mobile home” on the property. I can move it if ...
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Worst case senario
My retired father put a contract on an Epcon Community in NC last May 2006. Contract was for $193,000 + upgrades. Compeletion Dec 2006 or Jan 2007. Condo still not complete. In the meantime the price of this particua...
Gregory Solomon
Rentals with equity
I have 2 single family rentals. Property A has 3br/2b. 1100sqf. I brought the property in 2009 for 103k , I owe 79k. The homes in that area are going for 200k+ for new construction homes. The rent is $1200 per month ...
Benjamin Brewer
Newbie Advice on BRRRR and Flips
Okay, so I'm ready to begin investing in RE. I currently have a primary residence home with about $225,000 in equity, and I have about $25,000 liquid, and a credit score in the mid 700s. I am also a part time Realto...