I purchased a SFH in Cape Coral area in 2010 when the market tanked for 61k. Its been rented to the same tenant since for $700 month. Annual expenses are $2k for tax & insurance. I could net roughly 110k after clo...
Hello BP!I am under contract for my first investment property, a house hack with a private main floor bedroom suite. I feel strongly that it's a desirable location (private wooded lot on a river, plenty of nearby att...
Hello I just finished my first BRRRR in spokane,WA here are the numbers:
purchase price166k with 14K closing costs, private money lender 9.5% interest only payments, including a rehab loan of 53K.
rehab costs (incl...
Hello,I have a 2AC piece of property that is properly zoned and I believe perfect for a multi-unit in Greenville SC. I currently own multi-units but have NEVER BUILT. After speaking with a few local agents/builders,...
While I am sure this topic has been discussed, for some reason my search of bidding guidelines for notes has not yielded any information other than for bidding on HUD homes.I have traditionally focused on NP junior li...
Hi all! I’ve been binge listening to the Real Estate Rookie podcast and I’m looking to get started by house-hacking a duplex!I would love to hear some questions that I should be asking Real Estate Agents that I am loo...
Hi,
New to SDIRA and researching before plunging in. Reading everything i can get my screen on. One question that i've not found answered:
Suppose i move forward and set up a SDIRA LLC with CheckBook Control. ...
Question about re-affirming obligations under a Chapter 7. If a borrower has a mortgage and has cleared a Ch 7 bankruptcy, then makes a payment on the loan, have they re-affirmed the obligation, such that it now effe...
As someone who flips properties and does buy and hold deals. To me knowing that I'm not over paying is important. One of the most important things to not overpay on is labor. Recently I've been struggling with some ...
Hello Everyone,I recently joined the site and saw a lot of great discussion regarding cashing out a 401k plan versus a self directed IRA and a solo 401k plan to purchase properties. I prefer the solo 401k because of ...