All Deals are 5 Year terms at 6%
Deal #1 - 1 property -4 unit
$47,500 Purchase Price --15K Down Payment-- owner financed $32,500-- taxes $3,398 per year total rent $2,125 after all expenses take home is 910.71 per m...
My friend is selling her house. Listing is $245,000 but she’d be willing to direct sell to us for $225,000. The rent o meter website says that it should rent for $1,300/month. 75th percentile is $1500/month. She just ...
Investment Info:
Single-family residence buy & hold investment in Baltimore.
Purchase price: $165,000
Cash invested: $33,000
We just closed on another property, this time in Baltimore, MD! My adv...
Hello everyone! Super excited for my first post. I am a young investor looking to buy my first property after two years or credit building and saving. I’m looking for single family homes to house hack. Then hold as a ...
I was going to purchase my first rental property and I want to make sure I dont create a nightmare situation. These are my HELOC terms:
Assuming an appraised value of $225,000
1st
mortgage set up at $180,000 80%...
Hello everyone. We are converting the upstairs of a garage into a rental suite. Completely renovated. My partner and I are differing on which way to do the layout.From my studies, a true 1 bedroom would maximize our r...
I just got prequalified today for a 100 k loan for my first investment property which will be a buy and hold single family home. This was through security national mortgage company, and not a typical bank. I have a cr...
So my wife and I (just married 3 months ago) are venturing into RE Investing and buying our first Rental Property. We think we found a winner, but we overlooked some things when doing our numbers. The first being putt...
Hello friends of the midwest! I recently used conventional financing to purchase a four plex on the Illinois side of the river, where I am from. I am actually ordering @Brandon Turner 's book on low and no money dow...
Does anyone have a proven strategy on how to utilize $850k line of credit to purchase homes that will provide both profit and cash flow within 1 year? This is for a 2-person small real estate acquisitions and investin...