Najeh Davenport
Multi Family vs single Family (doors vs Cashflow )
15 May 2024 | 9 replies
The single-family home has gained $40,000 in equity and is expected to generate $600 to $1000 per month after renovations.
Adam Eckhoff
First Step - Buy a Single-Family Dwelling
14 May 2024 | 7 replies
Scenario 1: I purchase a three-bed, single-story, single-family dwelling for $200,000 to $300,000, have it financed so the mortgage would be around $1,700 to $2,400 (making up numbers here), and rent it around $2,800 to $3,000 per month.
Roberto Rodas
Key Factors To Consider
15 May 2024 | 8 replies
An asphalt shingle roof often lasts 25 yrs, so you need to reserve $27/mo EVERY MONTH for 25 years to have $8k available in 25 yrs.
Tristian Kwon
First creative finance deal
14 May 2024 | 2 replies
-Buy the property for 715k (It appraised for 700k)-325k loan on the property with 390k equity-SubjectTo Finance the 325k and take over the mortgage/deed-Seller finance the 390k equity at 0% interest for 2 years and 6% interest for 13 years with a 20k down payment paid over 6 months.
Andrii Sazhnev
Can you wholesale in IL without a brokers license?
14 May 2024 | 8 replies
Some say the wholesaler needs a broker's license to do wholesale more than 1 deal every 12 months, and there is no way around it, and others say you can work with a licensed broker, and have them represent you, the wholesaler, in every deal you do.
Alanna Thomas
D I Open a Second Escrow?
14 May 2024 | 2 replies
We put $125/month into an escrow account for each single family rental we have.
Mallory Austin
Should I invest in a home on the "troubled" Westside of Atlanta?
16 May 2024 | 28 replies
It’s slated to break ground here in a few months or so.
Raza Rizvi
Owner to conventional financing
14 May 2024 | 7 replies
However, I'm concerned about the high monthly payments that come with shorter loan terms.
Michael Beninati
Airbb assignment company
15 May 2024 | 3 replies
They say they will sign my lease and also sent me an addendum to sign allowing them to sublet.There are a few reasons why i like this option for this property, but im wondering how to background check the company and the individual they are assigning to ensure ill be paid monthly as they claim.
Benjamin Sulka
House Hacking FSBO: Negotiation process
15 May 2024 | 9 replies
I want to get him to understand if our monthly payment is too high, we don't have the extra cash lying around to fix up the other unit and get it to market rents.