So, I kind of got a slow start into the whole personal finance game. About 6 months ago, I finally decided that I was going to start budgeting. My end goal being debt free. As of right now, I’m on track to have everyt...
Hi everyone, apologies if I’m missing any points here but I am a newbie and looking to get in my first investment property. I came across a seller finance deal here in San Diego and just trying to make sense of the de...
I have a quick question that I have not be entirely sure on. When someone does a cash-out refinance, do they essentially get cash into their bank account from their equity? Or is it more like a line of credit? For Exa...
Hello everyone,I am a new investor and have been pre-approved for $300,000. I'm currently renting in Atlanta and want to buy a home that I can rent and live in (duplex, basement, etc). I work in Buckhead (slightly Nor...
when putting up earnest money to get a property under contract, if is a good faith gesture signifying that you intend to buy or have/find a buyer... understood. Is this money is to go to the seller via third party?...
I've got a solid lead on a 24 unit complex in a good part of town, however, the units are all efficiencies with no walls except bathroom. I'm not sure if there is any laundry hookups in the units, but there is no laun...
This is a 6 unit multi (1 2bd rents for 650 and 5 1bd rents for 465-535 - motel style building). Sellers say I can add value by challenging assessment (assessed too high) and can convert attached garage to 7th unit (...
So when trying to get a new loan, I know lenders want to see the applicant's debt to income ratio below a certain figure. I am curious how rental income is calculated in the eyes of the lender and how that plays into ...
I have a neighbor asking roughly 200k for a dumpy 1000sqft home with roughly 5.5 acres of land. House needs the better part of 100k and will sell for around 200k. My parents are farmers and the 5acres abuts their land...
I am out of state and we are looking to get a single family home as a long term rental investment property and I was curious if the demand for rent was high currently, if single family homes were better vs duplexes, a...