I've read a lot of posts about this, and am still a bit confused. If I am purchasing property that the asking price is $99500 and the appraisal is at least $155K which makes under 65% LTV, if I am getting a hard money...
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
Hi Everyone!Complete newbie here working on closing my first deal. I’m looking to fix and flip. As I’ve been evaluating deals I’m trying to follow the 70% rule. My question is how strictly I should be doing this in th...
A friend of mine recently bought in Las Vegas. He sent over some zillow pages where condos with $800-$900 current rent are asking around $100K. This is yielding about 9%! Even with $170-$200 HOA this seems too good...
Hello. I have saved up for my first real estate investment. I am moving to Dallas,TX and wanted to take a step out and get started there. Since The area will be new to me and I don’t have any connections there yet I w...
I figure this can be a good post for those succeeding with rental property in NC to share their success and how they are achieving it. Let's spark some new ideas within one another.First, I'll share my rental portfol...
Hello BiggerPockets,I don't mean this as a hypothetical or click-bait question. I am within a few years of retirement and looking to diversify my stock heavy portfolio. I am in the process of moving ~$100,000 into a...
I want to ask questions to apartment owners in the Phoenix area or proximities. I want to know what I don't know about how you find apartments for sale, either be owner financing or creative financing. I want to lear...
Hello BP! My name is Danielle, I am 33 and looking to buy my first house. I am a flight attendant living in Seattle, Wa and want to start investing in real estate. My goal by the time I am retired is to have rental pr...
I'm curious as to what obstacles you faced going through your first deal? How did you handle them? Did they set you back or did you press through with flying colors?