I'm a newbie investor and purchased my first property, a townhome in Tempe, Arizona last year. I looked into the HOA when purchasing the property and they had what seemed to be plenty of $$ in reserves however now we'...
Hi, I'm new to real estate investing and I just purchased my first single family home last month and I am ready to find a renter. I live in NY, so I purchased an out of state property in FL. My property manager, wh...
I have a potential property I want to fix and flip using a hard money loan at the following terms: 4 points, 15% interest rate, LTV 70%. Purchase Price $415,000 (Acquisition + Skin in the game )ARV $550,000Rehab $50,0...
I typically look for the 1% rule based on ARV and an all-in investment of less than 75% ARV. Those are the most important metrics to me. What about you?
I'm selling a parcel of land to a friend. We both agreed to seller financed installment sale. Anyone have a contract they'd recommend using?
Are the any special rules that I should be aware of for setting this up ...
Hello,I plan on buying my first multifamily this summer with an FHA loan. My lender said that I need a min. 650 FICO score and that they "take the middle score". My scores are as follows:Experian FICO Score 2: 586Expe...
Hey Everyone, I found this site by accident almost, however I'm glad I found it. My husband and I moved from LA to TX a few months back and we are currently renting a house. As we were driving around town a few days a...
I just received a weird request from one of my sellers. My seller is currently receiving Medicare. I just received a call from one of my buyers who's willing to buy the house. However, my seller asked if the purcha...
Just started listening to the podcast and researching real estate investing and am curious to see what you recommend for the foundation building steps from the beginning of this journey in order to achieve $10k/ month...
Hi gys -This time I went for loan - I was told the Debt to Income ration has to be under 49%. Its Fannie Mae.Debt is difference between projected Payment - and projected Rent. Only 75% of Rent can be used.The question...