20 May 2018 | 30 replies
But most investors are looking for bankers, contractors or seek free leads.
21 May 2018 | 9 replies
Trying to fully understand each player's role in the process leading up to the closing.
15 October 2017 | 4 replies
But if they are seeking to hold a property for any length of time and want their cash investment back there are some important rules to understand with conventional loan:If you buy a property with cash (or with a HELOC) you can receive a cash out loan on Day 1.There is not a 6 month waiting period with receiving a cash out loan if you purchased a home with cash or with a HELOCBUT you will be limited to the amount of....Your purchase price + closing costs (costs when you purchased the home)OR75% of the “After Repair Value”...WHICHEVER IS THE LOWER AMOUNT (super important)These rules are important to understand so here are two examples:Example 1: If you purchased a home with $50k of cash, and put $30k of renovations into the loan, and the home was worth $100k. 75% is $75k and $50k is your purchaseprice.
23 October 2017 | 9 replies
I'm still in the early stages of seeking out deals in my local area, driving for dollars, direct mail marketing, etc.
1 February 2018 | 10 replies
I have multiple partners with large amounts of money seeking passive investment opportunities.
29 December 2020 | 9 replies
I was thinking about deploying capital there in 2021.It does seem that CRM is the dominant player there and they are very professional with the initial communication I’ve had with them.
3 September 2018 | 11 replies
There is a misconception that turnkey rentals are passive income, they are still a business and you have to stay on top of the property manager.As always, don't trust the internet, seek professional advice.
6 September 2018 | 3 replies
Hello biggerpockets! I am looking into buying my first rental property in Athens, Ohio for a college rental. Ideally, it would be a multi-family home within walking distance to campus. I graduated from graduate school...
22 February 2018 | 33 replies
Multifamily seems tough because there are a lot of players and most of my network are SFH investors.If I can be of any help with the Indy market let me know!
3 March 2018 | 4 replies
Hello BP NY - I'm seeking a home inspector recommendation in Binghamton, NY.