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If I get a property under a land contract say for $100k and the monthly payment is $700, will the $700 payment pay down the $100k?
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Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $335,000
Cash invested: $80,000
Contributors:
Joel Wilmoth
Closed on a portfolio of...
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I want to buy at 70% of ARV with hard money and wholesale it.
REO Property
ARV is $107,000
Purchase Price is $65,000
$15,000 in repairs
ARV - re...
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Today I posted anarticle by Jack Miller on my blog that I thought many at BP would benefit from. You'll learn some ways to take creative real estate to the next level. Remember, every deal needs to have a purpose. ...
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We are trying to find a way to buy a $550k-$600k house here in S. Florida (assume $417K conventional) with 10% down not the 20% down that is required for a jumbo, to avoid PMI doing an 80/10/10. My 10% isn't enough t...
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Hi everyone,
I am new to real estate investing and I am unsure what is the best strategy to start investing my money. I am recently unemployed but I do have about 100k saved. I was thinking about purchasing a propert...
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My investment account is currently worth $380k. Would you cash it in in order to make a 25% down payment on a 16 unit apartment complex? I would have to pay about 35k in capital gains. Here are the numbers: $1.4 m...
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I met a lady selling her house, long story short. she wants to move out of state in a few months and I told her I would buy her house. I told her I would be okay with just taking over her mortgage. and she was just fi...
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Hello,I and my partner have purchased 4 rental properties 50/50% in Northern California, I manage them while he does repairs, we also live in California.We have landlord insurance and hefty Umbrellas on top of it.The ...
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Hello BP, it's been quite some time since I have posted. I finally have a project I'm working on! I have a project in San Francisco CA but the general contractors charge so much. I have a few questions as a first time...