I believe I put in a stackGreat, thanks for the response. Did you invest low at the $500 minimum or a lot more than that?
I believe I put in a stackGreat, thanks for the response. Did you invest low at the $500 minimum or a lot more than that?
I listen to their podcasts when I can. It's like Joe puts out a new one almost everyday. Khleif got a black wife.These guys have great interviews with other real estate investors
Best Real Estate Investing Advice Ever Show | Real Estate Podcast
Rod Khleif
as an alternative, what about richuncles? only 5 dollars to get invested Investor Junkie Is Not Available In Your Country - Investor JunkieI just came across something the other day called Fundrise.com which focuses on real estate/investing , seems to be getting good reviews, but I want to know if any people in here have used it? Thanks in advance.
For someone who does not want to use their own cash or does not have enough liquid to purchase a flip and put money into the rehab - is getting a hard money loan or a loan from a private money lender the only option? which makes more sense? anyone with any experience there?
I been researching and I rather use OPM than my own. The idea (and im assuming this is what most people do) is this...
1. Purchase property that needs work for a lower price than other comps in the area (let say 100k)
2. Get a hard money loan to cover the cost of the property plus the rehab cost (120k for example)
3. Fix up the property and then refinance
4. At this point you can either sell and take profit (refinanced for lets say $150k you would then take home $30k) or hold the property and get tenants and pay off the loan from the rent coming in
Anyone with any insight?
bout to go multifamily as wellBout to go the 2 multi family route.
bout to go multifamily as well
From my understanding you can house hack and live in one half of a duplex and only do 3.5% down. The house we own now we can probably rent and make at least 500-600 per month as well
Yeah we got 200 - 300k equity in our current home so doing a multi at a time seems like the bestSame. I was about to do the condo + multi route, but buying 2 multi’s is the better option. Unless the condo is a good flip.
Yeah we got 200 - 300k equity in our current home so doing a multi at a time seems like the best
I'm just worried about getting renters in quickly if I got multiple multis