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15 July 2024 | 2 replies
We are looking to purchase a potential investment property that has 4 rentals, we have $75,000 in assets and currently own a home with roughly $50,000 in equity, that is our primary residence.
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15 July 2024 | 3 replies
Also, probably I'd have to fly out to KC a few times until I buy the property to meet the team, potential properties, etc which will add to the costs (~$600-$800 each trip) of owning an OOS property.Given this market, I'd like to hear from OOS investors if they think it's still doable to pull off an purchase worth investing in.I don't want to talk myself out of it again and focus on the negatives but also, want to make a sound decision that benefits me in the long term and doesn't hurt [much] in the short term.
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14 July 2024 | 3 replies
My best advice would be to calculate how much you would need to spend on food and determine how that number relates to the amount of rent you are paying.
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15 July 2024 | 0 replies
Purchase price: $34,000 Cash invested: $16,000 Procured an investor for this deal and I live in the house while I’m fixing it up.
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17 July 2024 | 37 replies
@Mohsin Mazhar If you decided to sell and purchase another property, a 1031 exchange would give you a larger ROI potential and save you from the initial tax hit.
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15 July 2024 | 10 replies
Or, buying a Duplex and renting one side out then renting the other rooms out in the side I would live in.I have spoken with two lenders and both have given me pre-approval letters for up to 270k purchase price, with 15k down payment, conventional fixed rate loan, 30 year term.
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15 July 2024 | 7 replies
Ideally we stay in Cobb/Cherokee county and we stay under a 150k purchase price.
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16 July 2024 | 34 replies
So how many have you purchased and how are things going?
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17 July 2024 | 20 replies
My understanding for the Greek golden visa is you just have to spend 250,000 euro on a real estate purchase.
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14 July 2024 | 4 replies
(D) They are not acting as the agent of any other person or entity in purchasing the real property.