I am 18 years old and plan to buy my first multifamily house hack in the next year or so. I am wondering what to realistically expect it to cost. I know that it is 3.5% down payment with an fha loan. Closing costs abo...
I have been looking for a private lender and have an acquaintance interested. However, rather than be a lender at 8-10% interest for short-term loan, he wants to be a 50/50 equity partner. Is this common? I am look...
I will try to make this as short and sweet as possible. A little background to help you understand my current position.I left my full time job about a year and a half ago to pursue a masters degree. I am currently enr...
Hello all!At the point where we'd like to get a 4th property. I have about @150k equity in my first house, and was thinking about taking out a HELOC or Home Equity Loan to put down on a new place (if the numbers prod...
If I get a conventional mortgage on a BRRRR, and get a HML renovation loan. Am I going to run into issues with the property having 2 liens on it? Does this mean the only way to use a HML is for it to cover purchase pr...
I've been around this business long enough to see just about every scammer out there. I've noticed that all of the scammers use certain words: Here's my list:
1. SECRET (the gurus have a secret alright. The secre...
I've been doing a lot of reading and research on how to engage brokers that deal in small to medium apartment buildings. Up until this point, I haven't actually reached out to any though. I'm interested in an 18 unit ...
Hi, I'm a recent Navy veteran in NYC and am studying up on real estate. I've gone to see gurus, paid for some minor courses, but never jumped all in for courses in the thousands. I was excited to make money, but did...
I will be closing my first deal in January of 2018 on an off market SFH to hold as a rental. My goal is to close a minimum of another 5 deals in 2018. I have access to $20-$30K for downpayment etc. 800+ credit score...