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29 December 2024 | 2 replies
He has bought 3 houses in a 18 months and is building a 10 plex which will net him about $250k in 9 month when he refinances it.
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27 December 2024 | 13 replies
Here's a fundamental explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.
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26 December 2024 | 9 replies
This is a similar story for house hacking a single home and renting by the room.
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26 December 2024 | 7 replies
Quote from @An Lan: I am not a professional real estate investor, I just invest in houses as a safe asset and do not choose to rent them out.
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27 December 2024 | 4 replies
You said you're trying to buy the house from someone who is in foreclosure (not yet foreclosed on).
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15 December 2024 | 1 reply
House have good layout, good area, great schools, price point was fair for that area.
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28 December 2024 | 11 replies
For example, part of the exterior of the house wasn't stained.
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26 December 2024 | 7 replies
Once you are on site you can decide if your $20K should be used as a downpayment on a double to house hack (to stop renting), a single to just stop renting, or a single to lease out.
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12 December 2024 | 2 replies
Because the existing house was too low the developer followed the rough location of the old sewer line and installed a new sewer line to connect to the existing house.
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29 December 2024 | 24 replies
I'm a little confused on the initial financing...So you put 75k down on a 230k house - so 32.6%.