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Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063.
We have a PMI payment of ab...
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Hi, I had a tenant lined up for our rental property. They had signed the lease, but I had held off signing until they paid the upfront move-in costs. They eventually paid a portion of it, but not the full amount. Bu...
I am considering investing in a Preferred Equity Syndication. The pref equity would pay out a 7% (annualized) quarterly distribution and a 7% back end return when the pref equity capital is returned. The capital stack...
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Has anyone had good/bad experience with selling notes on either of these platforms? We're looking to sell our first note (unseasoned, 2nd lien). Before we sign anything I'd like to get some feedback. Are there any oth...
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Just curious how the DIY REI married crowd handles banking. Is your money merged? Is your money separated. Do you take a hybrid approach? Does being a RE Investor influence that decision?Wanted to take an informal pol...
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Hey y'all,I've had a lot of previous experience with rentals (single & small multi family, STR) and did my first flip in 2023 (where I lost a very small amount due to contractors taking 3x the estimated timeline),...
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Hey everyone,I’ve noticed that a lot of investors, especially those starting out, often face challenges when it comes to the earnest money deposit (EMD) required for property deals. It's one of those necessary steps t...
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Hello all-Would I be able to purchase a fix and flip project with 1031 proceeds? Below is just an example of a scenario.Original purchase price of rental home is $425K$400K loan balance$500K sale$15K closing costs$85K...
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Acquired property in Raleigh NC Briercreek, 150k, few years rental, paid off cash; titled personal name,
Selling 225k, want to buy a property elsewhere cash, look for deal, auction, and pay it in same cash, and live...
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Curious of what everyone is electing their SFR deductibles to be? My thought was the higher the better to maximize cash flow. I have been keeping them between $9,000 to $10,000, does anyone go higher?