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Hi Everyone!! New here and so I figured I lay down my current situation and see what guidance you all can give me. I've been watching the "Rich Dad" videos and realized that being an employee to a business or compan...
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My dad and I have partnered on two flips and one single family rental over about two years. We purchased each deal with cash and had the properties in our LLC so we both had part ownership of each property. We would l...
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I have a few properties in one LLC and am in the process of purchasing an 8 unit also in it. Looking for other properties as well.
Just wondering what would be a good way to figure out if a new property needs a new e...
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my LLC partner told me that he just learned we cannot get a 30 year mortgage on our first (possible) rental property. Is this true?And what are the current rates being offered, roughly? Does anyone know. We can put...
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Hi Everyone,
I'd like to get a discussion going about how to get started in multi-family investing. I'm 25 years old, engineer, and I have a good job. I make good money but the company I work for does not offer reti...
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We started our LLC partnership back in 2-20 and have had trouble obtaining a conventional loan for our flips with an LLC. Have any investors here ever obtained a conventional with an LLC. Guidance and suggestions will...
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Hey guys!so i found a house im interested in & I want to make an offer if they accept does this put it under contract? I don't know the procedure for "under contract" if i was to pull out for some reason does this...
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Hi Everyone, I have a quadplex in Akron. I've been pretty frustrated with the two property managers I have had in my short time as an owner. Based on the amount of work and the scummy service, I'm looking to sell it...
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Dave Ramsey has told the story of how, when he was in his 20's, he used no/low down payment loans to purchase a large number of properties. However, once the local bank he had been working with was sold, the bank tha...
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When you buy a property that needs some work, how do you protect yourself from going over your rehab budget (or from the contractor exceeding his estimated cost)? Do you include specific language in the repair contra...