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Lets say I spend all my money on the down payment for a multifamily rental home. How would I afford another down payment for when I buy another multifamily? Would I save up my income from tenants? That would take YEAR...
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Hey folks,I'm doing research and gearing up to make my first foray into real-estate investing, and I was looking for some guidance.My goal is to make the purchase in Q1 2019. I will be able to put around $50k down at ...
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Throughout high school from working long hours on various jobs and then investing that money into ETFs, I managed to save up (some say I sacrificed my social life through not spending any of it) around $40k.I’ve been ...
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I was hoping to purchase the home with paying tenants already, unfortunately that doesn’t look like it’s going to happen. I do not own the home yet. But I will!! I’m trying to be proactivate with this situation. I wo...
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My partner and I looked at a property on a fairly major street in Woodland Hills, CA over the weekend. It's a small house in really bad shape that we see as a tear down. It's on a 7700 square foot that we believe is...
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Hi there!I'm new to multifamily and am looking to understand what sort of loans I will qualify for when trying to purchase a 16+ unit. I understand I'm most likely looking at 25% down with 6 months of PITI reserves.My...
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Hey, Started to gate tapes from different sellers recently and i noticed a few columns which i'm not sure how to interpret and what is their impact - Corporate Advances/Deferred Balance, can anyone shed some light? is...
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My partner and I started looking into REI since Q4, 2015. We knew it was a hard year to get in for a newbie investor but we didn't give up. We started out by listening to the BP pod casts on 1 of our longest road trip...
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Needing a little inspiration, feeling discouraged. It seems like a long process im trying to find out what would be best for me, LLC , marketing, deals and finding buyers. How is this going to come out for me. Going t...
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My name is Andre Houston I purchased 2 rental properties I never lived in them. I was finally able to purchase a house for my family so I have 3 total. I'm trying to figure out how to scale up to multifamily homes. I ...