
12 January 2014 | 14 replies
Remember this is only for Fannie/Freddie loans, and they allow up to 10 the first 4 are just easier and can be cash out refinances.

30 December 2013 | 6 replies
Interesting side notes-1) the two current tenants are longterm 4+ years, but are also not clean and tidy at all.2) there are several very nice houses in this neighborhood, but the one next door is condemned (in tax default), and a house a couple blocks over has been destroyed completely by fire.3) Comps of SF and MF homes are all over the place in the area and it's pretty much impossible to get comps on this type of unit even going back 2 years.Any suggestions on how I should factor the current tenants, neighborhood, comps or empty unit potential???

31 December 2013 | 3 replies
@Ned Carey thanks Ned, I hear the smaller banks are a lot easier to work with because almost everything is done in house.
2 January 2014 | 8 replies
The more savings you have right now the easier it is to take that risk.

31 December 2013 | 13 replies
Also, one book I would suggest with a lot of ideas to make things easier for you is Landlording on Autopilot, by Mike Butler.Before selling cashflowing property, I would first check what could be done to improve property management.

12 February 2014 | 19 replies
The house is fairly clean with no major structural issues.
7 January 2014 | 17 replies
I think it's a little easier to make mistakes or get in over your head on flips.

1 January 2014 | 23 replies
But as long as your always working toward your goal, it should get easier as you learn things, work w/ more people, generate cash flow, and build your reputation in buy and hold.

2 January 2014 | 7 replies
I used a steamer once to quickly clean a disgusting fridge.