Hello friends, an hoping for advice or to vet this opportunity/desire to purchase, rehab, and hold a SFH. Location is 1 block from beach with water views-very desirable to rent out. Currently is a SFH (unit #1) with...
Hi all,
My wife & I sold our duplex in 2020 and used ~ $60k of that as a down payment on a town home for our growing family (purchased for $345k, 30yr @ 3.5% in 2022). With 2 kids and a third in the near future,...
There are often discussions here regarding the "50% rule" for investors. I believe it is a good, conservative rule of thumb. As others have mentioned, though, there are variables in expenses in different parts of th...
Hello everyone. My wife and I are interested in purchasing a vacation home in Martha's Vineyard that we would rent out and have managed. We currently live in NJ and are renters. We do not own a home. We love Martha's ...
I'm curious to what areas North Carolinians have found to be a good % return when considering purchase price to rent.Personally, I live in Durham. Unless I'm buying a wreck and doing a bunch of rehabilitation, I don'...
I just got an approval letter for a conventional loan for only 3% down. I didn't know that there was a thing for 3% down payment conventional loan.
Now that I have enough saved to buy 2 houses with 3% down, I wanna b...
Hi y'all. I'm a recent Navy Veteran living in California w/my home just recently listed. I'm looking to walkaway with about $250K in capital to purchase my 1st rental investment property. I've done all my DD and have ...
We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...
Hello, I'm new to this site and new to investing.I'm currently attempting to rent my home in an effort to decrease spending significantly, raise capital for more real estate investments, and of course allow the curren...
So everyone knows CA has a hot market. What are wholesalers and rehabbers buying on the dollar? I just listened to Tim Gordon's podcast and he said his buyers are paying up to 80% of arv and that was about a year ago....