Maggie Swift
Advice for finding your first deal!
Hi all! My partners and I have put in time for the research and building our foundations including an investor pitch deck. We are ready to find our first deal. We just connected with a realtor from this community; exc...
Gabe Goudreau
Flipping Modular Homes?
There's a property tax foreclosure auction coming up in my area soon (Ingham County, MI) and one of the properties being auctioned I found out is a 3 bed, 2 bath modular home. There are other modular homes in the area...
John R Olson
Passive Income Recommendations
I have been doing due diligence on 8-10 different funds and as soon as I narrow down my list I see new ones pop up that look intriguing. My primary short term goal is cashflow - so Ideally something that pays 12-15% ...
George Sass
Loan type to purchase a group of properties
I have an opportunity to buy 8 houses in a single deal as buy and hold investments. My thoughts are to get a loan from a bank to cover the majority, if not all of, the purchase. Anything they won't cover, I want to us...
Matthew Kaufman
Financing for Duplex
Hey everyone,Exploring financing options for a duplex in New Haven, CT. The lender my agent put me in contact with is telling me that rates for an investment property are currently low 7's with 2 points. 30 yr fixed n...
Selim Tezcan
Single Family House Completely Transformed
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $232,000
Cash invested: $200,000
Sale price: $575,000
I purchased this single-family property and undertook ext...
Ashley Lynn
HELOC or Second mortgage?
Hi everyone! Florida investor here. Im about to purchase property #2 and will use equity from #1 for down payment. I was planning on doing a HELOC until someone mentioned a second mortgage. My understanding is it woul...
Chase Fritz
How would you finance this deal?
Hey there everyone,I'm currently getting preapproved for a $100k, fix-n-flip using conventional financing (first one - yay!) and I was curious what you all thought would be the best option for financing would be and i...
Hunter Hanlon Taylor
Short-term rental (first property)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $375,000
Cash invested: $87,000
STR
What made you interested in investing in this type of deal?
Avery ...
Randall Hoeber
Balloon Loans
Can someone share with me their experiences pertaining to balloon loans/terms? This is a new term to me and while I did some research on the subject, I would like some feedback on the pros and cons based off of perso...