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3 September 2024 | 1 reply
Current house:Purchased December 2020, $92,000, owe $81,000, worth $160,000 now2.75% 30-year fixed, total payment $559Could rent for $1500/monthPossible new house purchasing from an acquaintance.
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2 September 2024 | 8 replies
Knowing what I know NOW, I would advise anyone that wants to be a real estate investor to purchase multi-family as much as they can.
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2 September 2024 | 2 replies
Background:Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions and must proceed to purchase as a cash purchase, per contract, so there should be no financing related title charge son my end.I am looking for a flat fee or low-cost title company to assist me with the seller side of the closing and coordinate with the buyer's title company.
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4 September 2024 | 5 replies
This is also a useful tool when trying to decide between renting, househacking, or purchasing a single-family residence/condo apartment.NYC househacking is possible but some areas will be more competitive than others.
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3 September 2024 | 20 replies
Conventional loans to purchase (1-4 unit) investment properties don't require a personal financial statement.
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3 September 2024 | 7 replies
My rental LLCs with my bank dot necessarily tie into the property being purchased under that LLC name.
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2 September 2024 | 1 reply
Purchase price: $100,000 Sale price: $112,000 One more wholesale deal in the books.
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2 September 2024 | 1 reply
Purchase price: $810,000 Cash invested: $200,000 Bought an SFR that needed a cosmetic rehab and had an unfinished basement.
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2 September 2024 | 7 replies
Mitchell but haven't really looked too close at those areas as I don't really have enough capital for a traditional home purchase in those towns.
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3 September 2024 | 7 replies
In order to purchase this first property, we got a HELOC on our home for the down payment and closing costs.