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18 February 2025 | 9 replies
Conventional guidelines occupancy requirements are that you’re able to occupy the property for some portion of the year, during the first year.
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19 February 2025 | 4 replies
I want to get control of the properties, remodel and furnish, while protecting this investment.
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21 February 2025 | 0 replies
Purchased on 2/7/25 for $171,000, the property offered a quick-turn opportunity.
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18 February 2025 | 1 reply
Had the proceeds from my previous sold property.
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19 February 2025 | 3 replies
I have several duplexes and small multifamily properties in the area and they have been great investments.
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23 February 2025 | 5 replies
Once they have seen the property and are interested, the prequalification and background checks will do the rest of the work in weeding out undesirable tenants for you.
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18 February 2025 | 16 replies
There is a reason why I buy properties that cost a multiple of what typical cheap rental properties are going for.
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20 February 2025 | 7 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
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26 February 2025 | 25 replies
I hope the property taxes go away but I don't think it is likely talk of eliminating property tax in FLA is that what your saying ??
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18 February 2025 | 43 replies
More properties but more debt.