So the Mrs wants to do Dave Ramsey’s Financial Peace University. It’s what our friends do who have done well with savings and whatnot. I explained to her Dave’s take on debt related REI however I told her I would stil...
Does anyone buy seller-financed multifamily properties with private or hard money down?
I dont want to blow my wad(150k+), in fact prefer to use opm if I can to purchase as many rentals as possible. How would...
I saw a video a real estate video, and they were speaking on negotiating a discount on a subject 2 property with the bank.
im confused about something. ok, lets say you do a subject to on a pre foreclosure...
I am looking at pulling the trigger on my first home purchase this week. Possibly as early as tomorrow. Just waiting on confirmation of a few more things. The details are as follows.4 unit 8 bed 5 bath total new co...
Foreclosure bought at on site auction for 147K. 73 day rehab (husband as project manager, also our GC and his team, HVAC guys, floor guy). Financed with purchase and rehab loan by private (crowdsourced) money lender a...
There was a Tax Sale (Judicial Sale) today and I scouted out some properties and set my max bids for each property. I lost on two properties, but got one SFH for $10k or just over $11k after transfer taxes. My first...
Hello All,I am looking to buy my first real estate property and decided to start with the multi-family house. I have found one 4 unit house and looking for your help with deal analysis, below are the details of the pr...
In a recent thread, one member asked the other member the following:"I'm curious as to how you mitigate your risks? I totally understand using your own money has far less headaches than dealing with the banks or priv...
My parents have duplexes and triplexes for a total of 50 units. They are in their mid-70s and can no longer manage the properties like they used to. I believe they should do a 1031 exchange into a truly passive inves...
Go easy on me, I'm new to all of this! I'm not 100% novice, I'm already a homeowner, living in Cleveland, Ohio. I would like to use savings and some home equity to purchase an investment property, perhaps a two-family...