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2 July 2024 | 3 replies
Jacksonville will only continue to grow..check in with @Joseph Chiofalo he's a excellent local lender excellent at educating first time investors.
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2 July 2024 | 20 replies
Quote from @Logan M.: I would love others to look up their market stats but I am not seeing mobile homes as depreciating assets in regards to their resale value.We bought a mobile home Dec 31st 2017 for $55,000 because the guy needed cash before Jan 1st.
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2 July 2024 | 8 replies
Quote from @Kyle Joseph: @Tyson E Keslar There are a lot of variables to consider in addition to the roles and responsibilities that you have outlined.
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2 July 2024 | 0 replies
The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.
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3 July 2024 | 55 replies
Quote from @Bernard Joseph S.: Quote from @Jessenia Hartage: Am totally new to investing, but every training session i read or listen to, says to start in your back yard.
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1 July 2024 | 22 replies
Can't recommend @Joseph Cornwell enough, he helped me buy my first duplex in Cincinnati and he has a contracting business, so he can give you advice on repairs, remodel costs, etc
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10 July 2024 | 256 replies
@Gerry Cohen, I"m so sorry to hear you're having this challenge.
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2 July 2024 | 6 replies
Check in with @Joseph Chiofalo for a full range of loan and mortgage options including fix and flip and the investment property Heloc and seconds.
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1 July 2024 | 18 replies
Definitely check in with @Joseph Chiofalo for loan options on 1-8 units.
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2 July 2024 | 13 replies
Originally posted by @Sharad M.: Hi @Daniel Levine The cost will depend on how much work there is for the bookkeeper.