If one wishes to carry back paper on an asset they own free and clear and later pledge the loan receivables as collateral for a new loan who would they normally contact to loan this money? What sorts of terms are gen...
Hello All,I am new to investing. I have a condo, where I used to live and which is underwater now, converted to a rental when I moved to SFR. It barely covers P&I, HOA, taxes etc. but provides me experience dealin...
when calculating your ROI on a rental property - do you eliminate the principal portion of your mortgage payment since you are essentially paying yourself?
For example:
Purchase Price: $174,000
Mortgag...
Hi there fellow investors! I've been attending meetings, and reading up on investing a good part of last year up until now trying to figure out how to break in to the investor game. I really want to purchase my own ...
Hi BP!I'm looking for some advice on how many analytical scenarios I should consider and which scenarios should hold the most weight. I am currently analyzing deals in Providence, RI and I will be using a FHA 3.5% dow...
Looking for ideas. If you had a $500,000 line of credit to invest in real estate, what would you do? Buy and hold of fix and flip? Multi family or smaller deals in the city of Chicago or suburbs? What submarkets?
I’ve been using the same insurance broker for around 4 years. He’s written dozens of policies, rentals and flips, vacant and occupied.I’ve recently gone and gotten a few quotes from another broker and they came in a f...
B/B+ 3-plex in A neighborhood, small, upscale town in upstate New York, very stable housing market, 9/10 school district, 3-4% appreciation over last decade, 10-13% appreciation over last year. Rental demand fluctuate...
I have a single family rental that makes excellent cash flow but I have probably $100,000.00 in equity in it and am looking to move on from it. It is currently rented but I am wondering how to best handle these situa...
This would be my first deal. It came on the market 2 days ago. It's in a suburb of Minneapolis. The pictures on line look good to me. Good condition, decent neighborhood.
Here are the details:
-Duplex. ...