Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
It’s my opinion that many investors have the wrong mindset when it comes to real estate investing. This is evident when they express their goal as “ I want to own enough real estate to provide me a $10,000 per month ...
Hi all, I have finally completed my first Real Estate deal. I had been saving up and looking for a deal for the past year or so, and this one just kind've fell in my lap as it's two doors down from where I currently l...
I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
So I have been researching Turn Key companies for about six months (most of the more reputable ones). I like MemphisInvest and their markets, not to mention everyone seems to have a good opinion of them. I talked to...
I own a duplex in Denver. Living in 1 unit and renting the other on Airbnb. My intention was to rent on Airbnb upon exiting the property. That seems risky now considering the current trajectory of regulation in the ci...
Hi all - long time lurker here. We purchased a property back in '22 and it was a great experience with REI nation. It was truly a white glove service from selection of the home, to finding a lender, to finding apprais...
Question for the GC's out there... in markets such as Charlotte, Nashville, New Orleans, Orlando etc (Southeast), what would most GC's quote as a ballpark estimate for total labor cost (if owner is supplying all build...
I am hesitant to write this post because I don't want to brag about my successes (it's really a team effort). Besides, the kind of money I've made on this deal is just the sum total of headaches and aggravation and ti...