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26 June 2024 | 9 replies
There are also owners that buy at $30,000 home that is dilapidated, in the worst part of town, and not in rentable condition to anyone that has a job or just standards in general.I suppose there is the chance that you were done wrong by 5 property management companies, and had a run of horrible tenants, but I would wager a guess you got what you paid for.
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27 June 2024 | 11 replies
Has anyone been to these Sheriff's Sales recently (2023) and if so, were there reasonable opportunities to buy multifamily properties?
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27 June 2024 | 3 replies
I only ask, because most people are not sitting on $400k cash (obviously this is just my example) to effectively buy a new house without a mortgage.
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27 June 2024 | 26 replies
If you buy the property and live in one side for two years you would get the full primary residence exemption on that side.
26 June 2024 | 8 replies
.- Buy duplex with FHA 3.5% and look for another property like fourplex- Buy duplex with conventional loan 20% down and wait until gain another downpayment
27 June 2024 | 3 replies
Being local to the area where you're buying is important and can help you find local funding sources such as private lenders and/or future partners.
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26 June 2024 | 7 replies
I recently use to be a Pro member but had to put my membership on hold after buying my first home a month ago.
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26 June 2024 | 11 replies
Speaking broadly, I think the best investment strategy involves finding properties that aren't fully utilizing their income potential.At a more sophisticated level, that might mean buying a fourplex of large two-bedrooms, making relocation agreements with the tenants, remodeling the units into three-bedrooms, and then renting them out at market rents.
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23 June 2024 | 8 replies
Is it a good idea to form an LLC to buy your first house hack?
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26 June 2024 | 2 replies
I'm looking to buy a new construction home in CA for $750,000 as an investment property (around 8% interest rate) with 20% down.