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6 January 2025 | 2 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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29 December 2024 | 10 replies
Ok yeah we are thinking of getting an investment property loan so we can stay in our current home.If we did the FHA route we are considering on living in the new property for 1 year and then moving back into our old one after the year is up.We are curious if we would get a more favorable rate if we borrowed from our home equity to buy the investment property.Do you have any idea if many investors borrow from their home equity to get started?
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19 January 2025 | 6 replies
There's so much growth potential in Columbus Ohio and the best way I can characterize this market is it provides good positive cash flow but amazing appreciation potential.
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17 January 2025 | 3 replies
Hey @Aaron Price, I think the best way you can get started in real estate is to reach out to local investor-friendly agents in your market.
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16 January 2025 | 12 replies
It earns a great rate of return compared to a bank account and is fairly liquid.
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7 January 2025 | 5 replies
I was one of the lucky ones who bought a house during covid and got the best price and the absolute best interest rate... so, I'm never letting this house go!
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28 January 2025 | 9 replies
Sounds like a challenging situation all around I would not cancel the deal, but if he dies and it goes to the estate and probate you may want to start looking for something else just in case...Best of luck. ...
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17 January 2025 | 6 replies
That's a horrendous fallacy and a weak mindset to think that real estate agents are buying the best multis.
6 January 2025 | 1 reply
Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.