I am looking into getting a hard money loan for the first time and was wondering how to calculate the interest to make sure the deal is still a good deal after there interest. Rough numbers are it’s a 2 building 10 un...
I just came across a property in Victorville that I would like to purchase. The details are below: Purchases price: $299KRepair: $10kARV: $400k I am open to flipping this property but also entertaining the idea of doi...
Hey everyone, new guy here. Loving the forum and the info. I have a few questions in regards to the 50% Rule. I may be making a simple rule too complex, but curiosity is making me ask haha.
Example:
We identify a p...
I have a private lender who is willing to "lend" me X amount of money to build my real estate portfolio, at a cost to me of 20% of course. He would deposit a check for the purchase price AND the rehab costs up front i...
I have an option to move so I considered selling my house to get out from under the payment. Seems I won’t get enough from a sale to pay anything except the mortgage.
I could refinance from a 15-year to 30-y...
I've just been offered a loan for $150k which is great. Problem is the loan term is for 8 years at 13.99% interest, and I can't pay it back early for 24 months.I know everyone talks about raising funds, etc. Should I...
Good morning all, I have few concerns. So I just started to seek the investor side of RE. Currently have a 3triplex bought FHA retail price few years ago. Wanted to get more into the investor side and got some educati...
Hello! I'm Emma. I'm 20 years old, currently not in college but living at my grandparents house. I live at their house because they cant take care of themselves anymore, so they asked me to come live here and take car...
Hi All, New member here from San Diego and I just closed on my first rental property. It's two detached units. Great info on this site thus far!
Hi guys!I have been investing in small multi family 2-4 units) but would love to invest in something bigger (10 unit or higher apt building). What resources do you guys suggest I read? Are you guys doing syndication d...