Zach Robbins
Just in time! Closed on an 8-unit property today to end the year
8 April 2018 | 11 replies
Beautiful building and solid numbers.
Fernando H.
Living Room / Dining Room Design Ideas
17 August 2016 | 8 replies
I'm sure it came out beautiful.
Robert Obniski
Closing on first flip, 2nd flip under contract - Chicago land area Dupage county
3 November 2015 | 76 replies
Hey Thanks man, I think if I or anyone maintains a desire to do this kind of stuff, it's only natural for success to follow.
John Fox
private lender
30 June 2015 | 3 replies
If you do sign up for a Plus or Pro membership then you should also include a short video of yourself and contribute to the forum, even if it is simply to welcome new members like yourself to add to your credibility.This is your first post and we have no info about you so members are naturally going to be skeptical.Finally, private message me if you would like to know more about the types of deals I am working on.Hope this helps and again welcome!
Joseph Scorese
How to Find a Good Real Estate Agent and what Traits should you look For….
5 July 2015 | 6 replies
Many go to work every day taking care of their clients and doing the best job they can.A good real estate agent is similar in nature to a conductor of a symphony, coordinating the different players to make a successful transaction a reality.
Ulrich Faircloth
Can't Decide on First Duplex - Deal Analysis Help
22 September 2015 | 4 replies
Beautiful home.
Jordan McDonald
House Hacking FHA loan
14 September 2017 | 16 replies
This will be an over simplification but look at some simple numbers:Year #1:4-plex @ $400,000FHA Mortgage (3%) =$1,700 / month = $20,400 / year3-rents @ $1,000 / month = $36,000 / yearNatural / Forced appreciation (10%) = $40,000 Year #2:Refinance @ $344,400 ($440,000 value)Traditional Mortgage (4%) = $1,650 / month = $19,800 / year4-rents @ $1,000 / month = $48,000 / yearNatural / Forced appreciation (10%) = $44,0002nd 4-plex @ $400,000FHA Mortgage (3%) =$1,700 / month = $20,400 / year3-rents @ $1,000 / month = $36,000 / yearNatural / Forced appreciation (10%) = $40,000 With natural and forced appreciation plus the equity gained by investing rents, there should be plenty of room to lower the mortgage amount - watch out for higher interest rates because they will be something that bites after coming off a FHA loan especially if rates increase.
Raina B.
I'm so close, but don't want to get overwhelmed!
9 September 2017 | 15 replies
The beauty about this house it's already is converted into a two family just a permit was never put in for it.