Hi all,Working on a deal and need advice. 1st offer in.Property listed at $665K, offered $500K cash with the contingency that tenants must be removed by closing. Tenants are on month-to-month leases and in our area, y...
Hi, all! Hoping to get some input from people who are wiser than I am! I currently own one investment property, which was just a home where I used to live that turned into a furnished rental when I got married and mov...
Hi BP,I am in contact with an owner in Kansas City (MO) who owns 3 duplexes free and clear (total rents for all 6 units are $2850/mo). He owns these properties free & clear, and is willing to sell them at $175,000...
Hello everyone. This is my first post and I appreciate any replies. My wife and I just moved into a new house in July and converted our previous home into a rental property. We have 25% equity in the rental house w...
Hi,Looking for some advice. I currently have a tenant in a duplex that I acquired about a year ago. Nice older lady (72) on fixed income. I am her 3rd landlord in 15 years. When I bought the place she was on a month t...
Hello, I am currently interested in buying 3 duplexes. All are currently rented and bring in 4500 per month gross. Property taxes per seller are 8,000 per year. The owner wants to do seller financing with these terms
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We bought our house a couple years ago and was wondering if there was a good time to think about renting your house out? When we bought, we bought with an FHA with 3.5 down. The house was 319,999 and our down paymen...
This is my first home purchase and I am going through the final approval with the underwriter. I've quickly learned that the underwriting process is illogical, annoying, and can also destroy the entire deal while losi...