I just purchased my very first rental property which I am managing and running myself. It's a multifamily complex and 3/4 units a occupied. One unit is empty as I am renovating it, one of the tenants will be leaving...
I've read you should require 3 times the income for your rental price.Do you apply this to section 8/HCV?Or do you submit each application and see what the government will pay you and go from there?If their voucher co...
We are seeing a big uptick in second loans on the market, including those who own investment properties look to take equity out of an existing property by getting a second loan. Getting a 2nd is extremely difficult an...
Hi All,
I'm new to the forum and looking for info on foreclosing a tax lien. I'd like to do it myself if possible. I have 2 tax lien and that are in Pinal county. This will be my first time but I think is doable if I...
Good morning.... Please play along with this scenario. I surely would like to hear from the seasoned wholesalers. I am certain some of have come across this situation..... please play along and don't read too much int...
Since I've started down the path to financial freedom, I have began to look at money differently .I've become more aware of the flow of money, and how it can be used as a tool to achieve my ultimate goal - and also th...
Trying to see what the demand is for turn key properties that require 25% down. I might have a private lender that will lend on deals that have 25% invested and would go beyond the 10 max that FNMA has. Average deal w...
My question is, should I refinance and get as much money out as I can, or not?Specifics:Duplex, bought/rehabbed for $210K ($60K of our own money) We owe roughly $150K.ARV: $265KInterest rate on current loan: 4.875%Cur...
When is it beneficial to take on loans versus taking money from investors when flipping houses? I am an aspiring real estate investor who is interested in both investing in other flippers and also creating my own flip...
Quick Background: I am 21. My sister and I inherited a house when we were very young. We have been managing it since I was 18. The house is valued at $850,000. There is no mortgage. Our current tenants are paying $3,1...