Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $198,000
Cash invested: $15,000
Small corner multi-family 2 unit building built in 1960. Has separate heati...
Hey all, Like many folks here I've been interested in RE investing for a long long time. I've have read many books, listened to many podcasts, and read many posts on this forum and still do so, but I sat on the sid...
First off, I hope anyone reading this is staying safe and sane in these particularly chaotic times. While this post does not pertain to the current pandemic taking place, I think it’s so great that there are platforms...
Everyone talks like fix n flipping is dangerous and you could lose your ass doing it.Say I buy 70% below market value - repair costs. Ok, I screwed up and was 10% off on my ARV, another 10% off on my repair budget, an...
Hell Everyone,
I'm wondering how much liquid cash one needs to be a transactional funder?
Are there agencies or businesses that pool investors' resources to do transactional funding?
Thanks alot!
Hey there! Looking for some thoughts on raising the rent. Here is my particular scenario:
We have a property in Orange County, Ca. It’s in an extremely desirable, historic area, in an A+ school district.
Homes rent ...
Hello,
I purchased my first primary home in May of 2009. Just bought a new primary in April 2014 and kept our first as a rental property. I'm just trying to figure out whether or not it's worth keeping this house As ...
I'm looking at Cleveland, OH and a bit farther south to Akron, OH for my first rentals. I'm primarily interested in multifamily rentals. My concern is, it looks like Cleveland is part of the Snowbelt. I've seen warnin...
The lender countered our original offer (250k) with an offer of 285k. There's a buyer lined-up at 340k. Should I try to cut down the 285k down to 270-275k, and increase profits? Or should we not risk getting denied an...
Hello All,I am a young investor saving up for my first multifamily investment in San Jose, CA (or the south bay area). I hope to finance with an FHA loan and live in one of the units.At first I wanted to invest in a d...