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So when someone takes a heloc to finance the down payment on a rental would you figure/add that payment into the rental property calc to determine cash flow or am i missing something?
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $264,000
Cash invested: $264,000
Proforma is $3150/month Rev with min. expenses.
What made you in...
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Good morning, What are the most important things to discover when offering on a fire-damaged house? The damage covers about 30% of the house according to the seller. Thank you!
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A property I was checking out has the last sales price listed as over $50,000 more on Zillow and Redfin vs. the county website with tax info and transaction history. Anyone know why there would be a difference like th...
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Hello all. I am looking for the simplest wholesale contract to use. I have looked at so many, I'm not sure which to use. I think it would also be beneficial for me to find a leader that I can be with and learn. I'm i...
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Has anyone been part or purchased a pre foreclosure property. Seems all I see on the mls are pre foreclosure and foreclosure property. Looking for advice on steps to take and horror stories.
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Does anyone have a sample letter they like to send to tenants at the 60-day out from lease renewal date? I would love to see what you send. I'm due to send one on 1 April for the first time. I plan to increase rent...
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I’m thinking about getting home equity loans on 2-3 of my investment properties to purchase another property with the cash. Looking to pull out $100,000ish. I would likely pay cash then refi conventional.
Looking for...
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I'm under contract on a duplex (my first property!) and it was recently assessed at $2K below what I offered (it's a short sale). How seriously should one take the assessed number? Does it typically reflect what it co...
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I came across this blog today.Not sure if it's been posted here before, but some of the pics are pretty amazing!http://terriblerealestateagentphotos.com/