How would one go about doing a wholesale transaction as a RE agent? Scenario: u r approached by a distressed seller. She wants out of her home b4 she gets too far behind in payments so is super motivated to save her c...
I have one SF property in Orlando with $200k in equity and one in Ormond Beach with about $150k in equity. I want to leverage that to scale up into a MF property.What's the best way to do that and what entity is the b...
Hi BP Folks,I have a rental which I've had for 3 years. Recently my old tenants moved out and spoiled me with on time payment every month. Our new tenants were late 5 days with their 1st month and so I sent them a fri...
I have been presented with an opportunity to buy 20 duplexes and 1 seven unit apartment. The details are as follows.20 duplexes - $1,300,000 – average rent is $700 / unit ($28,000 per month) 85% are 2/1. There is a...
Hey everyone, My name is Brett, I am new in real estate investing and am trying to gather enough information so I feel comfortable with my first investment property purchase! I got my real estate license about 6 mon...
I'm in the process of refinancing an investment property.The current loan amount is 110K @ 5.125 fixed 30 yearsI'm getting it refinanced at 115K @ 4.25 fixed 30 yearsI will be saving around $50/month in mortgage payme...
Is It Time To Tap Out?
Quoted from a real estate blog: “I bought this duplex 3 years ago for $600k, and now it’s worth $980k! I love real estate! I want to do it again and again! I heard I can just cash-out refi a...
I am new to REI and am scouting my first deal. I have a family member who could be a private investor. I’ve done some searching online and it looks like somehow I need to show the government this info so they can trac...
Hey everyone!So my wife and I are currently under contract in a home that’s going to be our primary residence. We got preapproved to buy are new home without making it contingent upon selling our current home. We are ...
Wanted to provide an account of my first renovation project for anyone who is considering jumping in but lacks the experience.Property Location: B to B+ area in Sacramento regionSFH Market at time of purchase: Hot Acq...