Hi Everyone, I'm nearly complete with my full rehab of a SFH I purchased for $215,500, put approx $60,000 into for rehab and holding costs, and has an ARV around $330,000. Hard money loan for $200,000, the rest of the...
Our tenants pay rent with cash. Some send money orders, some deposit cash in our account, but a majority used PayNearMe to pay at family dollar locations. Now the Family Dollar in our area will no longer accept PayN...
I am real close to getting a verbal approval from Wells Fargo on a short sale deal I've been working on.
Today they sent me a couple of more items they need to move forward; one was a "short sale contract addendum"....
I just purchased a 52 Unit apartment complex for $1,975,000. I put 20% cash down and got a 7 year fixed rate of 4.55% amortized over 25 years from my bank with .25 origination and receive approx. net cash flow of $6,...
This has already been briefly talked about on here but I wanted to run it by anyone interested in a discussion(especially lenders). The quick and general idea here is; you have some cash, create an LLC, have that LLC ...
Regarding the investors with +100 units, are they basically doing it buy buying cheaper properties (<$100k) in "c" and "d" properties and then handing off to a property manager?
I've been buying in solid middle c...
I was wondering what people average on Retail or wholesale flips.
The price range I am dealing in is 50-100,000 purchase price.
Thanks,
Hi there!New in town & tired of renting! I am a hotel manager, and have been for a long time. I’d like to try my hand at being land lord as well. I’d just like to possibly meet an agent, or better yet, friends and...
if I flip a house and make 50k.... then I reinvest that 50k in another flip... I understand I don't pay taxes on that 50k... but what if I reinvest to buy another property then mortgage the house right away and take o...