Treza Edwards
New Construction Decatur, AL
14 January 2025 | 3 replies
Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.
David Sohn
Subto/Seller Finance Deal Question
12 January 2025 | 2 replies
If a seller refinanced a house at around 220k and has about 120k left in mortgage, but the house also appreciated to 450k, how do I structure a subto/seller finance deal?
Rory Thomas Niccum
House Flipping adventure
25 December 2024 | 0 replies
Purchase price: $78,736 Sale price: $115,000 Bought a house in Kenmare, ND that was freshly remodeled.
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
You typically need up to two years of stable employment before a bank will loan to you.
Mitchel Johnson
College Senior- Advice on Multifamily/ House Hacking
29 December 2024 | 3 replies
My girlfriend and I are looking to get into Multifamily real estate investing and have looked into the possibility of house hacking, although a good property for it seems to be tough but not impossible in this area.
Sergei Voyakin
Repaying a loan in stock vs cash
24 December 2024 | 2 replies
Any laws against repaying the loan in stocks instead of actual cash?
Angelo Llamas
Taxes on a property that isn’t yet ins service
14 January 2025 | 4 replies
FHA loans typically require the property to be a primary residence for at least one year, so he should confirm compliance with his lender.Once rented, he can deduct expenses like mortgage interest, property taxes, maintenance, and depreciation starting from the date it's available for rent.
Jules Aton
Back in the day...
13 January 2025 | 16 replies
The first house that I bought was 17 years old, 3 br, 1.5 bath, brick ranch house with hardwood floors, Andersen windows, ceramic tile baths, gas heat and a brand new roof.
Tom Hall
is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.