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2 April 2018 | 2 replies
I calculated that if we could pay $300 on top of the mortgage each month, we could have enough equity built up by year 2-3 to refinance out of the FHA loan to a conventional loan.Key Factors... 30 year mortgage, 4.25% interest rateI'm still thinking about getting a 15yr fixed rate, payment would just be higher, but mandatory as wellSo, I have a couple questions. 1.
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17 April 2018 | 5 replies
If the kitchen was just about ready for a fix up and you have a tenant who has lived there five years, then you will need to do some improvements before you can get market rent on the next turn over.This why I spend some time regularly looking at other ads on hotpads or Craigslist just to keep up on what’s out there.
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4 April 2018 | 2 replies
Dear fellow REIs, I wish you had great Easter weekend.In 2018, my REI goal is fix & flip individual units in multi-family buildings and generate net profit over $100K to learn and test about this industry.
2 April 2018 | 4 replies
I'm a little concerned about the timing of moving out of my current renting situation and buying a new place, fixing it up, and renting it out.
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2 April 2018 | 2 replies
Hello,I am trying to keep my mother's rental property in the family. She is unable to maintain it. I would like to take it over but would not be able to obtain conventional funding. I am vaguely familiar with independ...
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2 April 2018 | 3 replies
My initial interest is fix and flip, but would consider a rental as a backup plan.
2 April 2018 | 2 replies
I'm a real estate Broker and personal investor with rental property and rental farm land as well as experience fixing and flipping.
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2 April 2018 | 1 reply
Hello BP, I just moved to the Tampa area a couple of weeks ago. My partners and I are looking to expand into this market of flipping and I would like to know what types of construction/general maitnance issues are typ...
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2 April 2018 | 4 replies
I figure I'm $200K of my money into the houses over last 12-14 years, used rents to slow fix up and pay down notes.
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9 April 2018 | 8 replies
My goal for the future: fix and flip / buy to rent on a private investor / JV basis.