The rehabbers found more issues with foundation as they tried to raise it up a little but now they found rotted beams (1920 abandoned home).

Welcome,Being born and raised in Philadelphia, I can definitely tell you to be careful of some areas in every part of the city.

Banks - Ally is safest @ gives 1%, cds/ local credit unions around 2%, lmcu(lake michigan cu) - 3% till 15k I think, some prepaid cards give 5% with some work(check doctorofcredit blog)..

Could you use a credit card?  

Did the engineer report raise any red flags?

I could not hardly get a Mendards credit card, but i had two house loans in my name.

Assuming the rents cover your expenses, in 30 years when you’re in your early 50s and the mortgage is paid off, and you’ve done the smart thing by raising the rents over the years, you will be sitting on a multi-million-dollar asset that cash flows thousands of dollars per month at the cost of a measly $20k or so out-of-pocket when you were 20-something.

you already show ability to raise capital or save money.i would say start small and have cash on the side and continue educating yourself on your own.

Central location - relatively motivated sellers - mostly fed subsidized (mental health) - is it worth renovating and raising rents      - is it possible - small Apts (mostly 1 br) - option to hold and cash flow then repurpose as city changes zoning / vision How do you finance a large commercial purchase like this - % down / LTV - amortization / ARM - cash flow requirements - inspection requirements - special clauses for maintenance refinance options later Asset or personal info more important Code requirements for commercial loan Deferred maintenance list -What are main issues with 50 year old apartment building ?

Hi everyone I'm curious to everyone's opinion of the United States economy/dollar and its relation and effect to the rental market if the federal reserve don't raise rates and eventually collapse the dollar.For those that currently have rental investments, I'm curious to your thoughts and plans for such events, and what do you think will happen to mortgage loans if money is still financed, and renters?