I am the process of exploring an opportunity to flip a fire damaged property.

Purchase price: $194,500 Cash invested: $51,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

I'm about to put an a bulk offer on this portfolio, to either wholesale or ideally to wholesale and purchase at the same time.

I'm looking at finance options to purchase an entitled lot in Truckee, CA and build a SF modular home on it as an investment.

Those states have "income source" as a protected class and as far as I know are only the west coast (CA, OR, WA) and the new england area (MA, CT, VT, NJ ect) Account Closed  In most states you are not required to accept Sec 8, and as such if you choose not to you could deny processing an applicant that is using a voucher.

Why do you think purchase contracts are so long and have such small print?

Purchase price: $592,000 Cash invested: $85,000 Sale price: $800,000 Bread and butter duplex buy, rehab, and split for resale.

Could there be a random lender that might find a way to get you 100% LTV at purchase, maybe, but I would assume those lenders are a) almost impossible to find, if they exist at all and b) the loan would be so expensive, that even the DSCR calculation would limit your proceeds to a point that you would still need equity in the deal.What would likely be a better route to look into is: an equity partner for your down payments.  

Hi all,I have an ex-tenant that owes back rent and damages after they left that the security deposit doesn't cover.I read some forums here and am getting some mixed signals on the process of collecting debt.The way I read it is you can just go to a debt agency with in my case the signed lease and also the security deposit transmittal showing what's owed and the collections agency can legally take it from there.

Purchase price: $550,000 Cash invested: $120,000 Sale price: $806,500 Bread and butter duplex flip complete remodel.