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I have made the decision to get out of the rat race. I have convinced my wife to get on board with me on the way to financial freedom. I am almost ready to purchase my first deal. However, I don"t know if I should cre...
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I am attending the Union County Sheriff Sale tomorrow with the intent of purchasing a property that is scheduled for auction. I have researched it extensively and have my Max number established.Having never done this...
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first time home buyer question I have bad credit but have more thant enough for the down payment.
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Howdy folks, my question is in regards to short sales and Reo's, I have a friend whose house is in short sale right now. I thought it would be nice if I could help out of her situation. Is it possible to use transacti...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $160,000
Cash invested: $5,000
Sale price: $220,000
squater house in probate/foreclosure. required clean out an...
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We are looking to purchase a second home to use as an IP, but undecided what would make more sense. Continue living in primary and rent out second one? Or rent out our primary residence and move into the second home? ...
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Investment Info:
Office Space buy & hold investment.
Purchase price: $1,100,000
Cash invested: $330,000
Last year I launched into real estate investing and dove head first into the BRRRR strategy...
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I see everyone talking about typical 20% down payments, is this through a bank or private lending? All the banks in my area want 25% down. Thanks.
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Investment Info:
Single-family residence buy & hold investment in Memphis.
Purchase price: $30,000
Cash invested: $55,000
Sale price: $114,000
Oh no! BRRRR gone wrong!?
Initially, my renovat...
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When using a 1031 exchange form, do you have to use the full cash amount you are getting from the sale transaction , or can you use just minimum required for the new purchase. Sample; capital gain is $150K minimum dow...