I have the opportunity to help a land developer achieve some liquidity. He is currently holding a portfolio of notes on land, zoned for SFR. The note values range from $20k to $200k, with LTVs from .5 to .9, 30 yr amo...
Should I take advantage of the no penalty for pulling money out of my 401k? I want to buy my second house and I was thinking about pulling out about $25k out of my 401k to use for my down payment and closing cost. I a...
I've been recently debating what to do as I finish up the renovations of my home. I recently bought my primary home (which will be a house hacking rental property) for $175,000. My ARV for this home should range from ...
Question for those who work in mortgage lending, as well as for experienced investors who might think this is a stupid question: is it possible to refinance several residential multi-family properties at the same time...
I just closed on my first rei yesterday. Originally I was gonna have a mortgage up front but decided to barrow money from a family member to purchase the property with the plans to fix it up some and cash out refi in ...
There is a nice single fam. I am interested in, however it's current flood zone status is what is holding me back and probably plenty of other people back as well..Just curious has anyone ever gone throught FEMA for a...
Hi All,
I am a 25 year old college grad who is currently working full time, and interested in getting started with Real Estate Investing. From what I understand, first time home buyers can purchase a home wit...
Purchase price- $22,000
Taxes- $365 annually
Insurance- $250 annually
Repairs- $4,000
Rent- $500-$600 month
Property management- 10% of rent
Planned repair cost- $1,000 a year
Months not rented- $750 a year
Good d...
Hello,
I'm still a newbie around here and I've read a lot about SDIRA but am still not sure if it's right for me?? I've come across some great real estate opportunities but not sure my options to fund them. ...
Hey BP world!,
I've been working on a wholesale deal for about 3 weeks and it is close to closing!
I got the seller to agree to $16,000 and my buyer agreed to $20,000 so my fee of course is $4,000. The ...