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Applied for a heloc today to start getting into my 1st investment property. The one I am looking at shows a CoC return of 35.75%. Its been on the market for 2 years, not sure why. I'm looking at it in a few days. The ...
After doing some searching, I ran across an ad by a motivated seller. His asking price is $60K for a 3 bedroom house that needs $30K in repairs and has an ARV of $160K. From what I can tell, this sounds like a good ...
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So I've decided to go look at a few houses that a wholesaler has. My husband and I are interested in flipping one to start out. What questions should I ask the wholesaler? I don't think he has them locked down because...
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Hi guys,Has anyone had experience buying an investment property in their personal name, then shortly after closing title, quit claiming into the newly created LLC?I am looking to buy a 4 family and will have a mortgag...
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Hello, Need help with this current Scenario..Conventional Loan @ 4.35% on a Single Family Home with a Balance of $295,000 & w/HELOC of $70,000. Property Value $520,000. Goal to take another HELOC for investments...
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I've identified a couple of rundown single-family properties in a fair-to-middling neighborhood that have several years of tax delinquencies. I don't know why the city (Racine WI) hasn't foreclosed on them yet. One of...
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Hi, We are investment owners of a townhouse in South Jersey, which is a part of an 8 unit HOA (4 side by sides). We purchased about a year and half ago, fixed it up and have tenants in the property. The HOA board is...
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One of our tenants in Los Angeles has not paid rent since the beginning of the pandemic, and was recently approved for rent assistance through CA's Housing Is Key program. This program has an 18 month cap on rent assi...
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Hello,I am new to real estate investing. However, my elderly parents are in desperate need of saving their property. I know there's a way that I can help but need some help. Here's the issue: (1) the house needs re...
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Am contemplating placing a bid for a foreclosure single family home. It needs complete rehab, about 40k and the home price is 125k. It has 4 bedrooms and 2 1/2 bath. One room could be turned into 2 and its a walk awa...