I recently financed my first 3 family using an FHA 3.5% down loan. I am looking for advice on how to set myself up to expand my real estate portfolio given that I have such a high LTV % (96.5%). I would like to contin...
I've got a friend that dabbles in REI with mixed results. I think he's currently holding four properties in Poughkeepsie NY. He mentioned that two or three of them cashflow, but he is not interested, and is looking to...
Hello everyone! Found a FSBO on Zillow here in Louisville. Seller is willing to finance. Here are the details:ARV=$70,000 (calculated based on being listed as a 2br, but could possibly be 3 or 4 br. 1450sqft)Rehab est...
i paid 25k for a house in december of 2016. i was offered 59k today to sell. that's a 34k profit. does my effective tax bracket when i file with my wife, effect my capital gains tax in this situation? i'm not looki...
Hi Guys,
I have a question (maybe a silly question) regarding using a private money lender to start investing in rental properties.
I'm relatively new to the REI world but have been involved in real estate for a wh...
Aloha Everyone,I have a question ... I've heard a lot about Lease Options. I gravitate to that idea. However, why not Lease PURCHASE instead of Lease Option? What are your takes?Thank you in advance,Mike
Hi all, I needed some help in thinking through how to properly structure this deal so it works out equitably for both investors.Purchase Price: 180kRenovations: $7kClosing Costs: $3kHolding Costs during renovations: $...
I am a commercial re broker in Memphis and own multiple commercial and residential properties. I have a person who helps us with maintenance on our SFR investments who needs a place to live but has limited resources ...
I wanted to ask if someone could tell me what percentage of rent payments they use to cover vacancy and maintenance costs.
Hello, my name is Jake, brand new to this real estate investing world, currently have 0 deals. I live in a primary residence in Columbus Ohio that, due to a time constraint consider a bad deal, but possible rental dow...