In my area in NJ a single family house rented to one family usually does not cash flow.I am thinking about buying a house from 2 retired brothers who live in single family house: one brother lives on the top floor and...
Investment Info:
Single-family residence buy & hold investment in Gladstone.
Purchase price: $43,500
Cash invested: $20,000
Sale price: $165,000
I rented this house for 9 years and collected ...
Investment Info:
Single-family residence buy & hold investment in Gladstone.
Purchase price: $43,500
Cash invested: $20,000
Sale price: $165,000
I rented this house for 9 years and collected ...
Hello,
I'm looking at a property in NJ and the broker is telling me it's a 2 family
but I check the tax records thru the city and they have it listed as a 3 family.
I'm assuming the city and tax r...
Hello fellow REI just asking opinions of members regarding the pluses and minuses for a first rental property. I have been able to save around 25k cash in the bank with no debt to my name and minimal life expenses (li...
Hello all! I had a general question and was curious if anyone could point me in the right direction. I was wondering if anyone has ever used an FHA mortgage for a single family home, then while living in it converted...
So I’m currently recognizing my financial position. I plan on working an second job to get more income. I ran across an old friend I went to college with and I told him my plan to get into real estate. He said he’s go...
Hi Everyone!I'm personally from Canada, but a dual US/Canadian citizen. I'm 28 years old, own and operate a Tech Recruitment Firm, and as an entrepreneur, my net income is solid. I'm currently living in Vancouver, Can...
If you have a single family home that is very old (paid off) and needs to be rehabbed, would it be smart to tap into the equity to update it and covert it to a 2 family home. It can easily be a 1 bed 1 bath on the bot...
Hi All, A little bit of background here. It's safe to say that I found BiggerPockets a little late, and have made some mistakes (and learned from them), but none of which have been detrimental to my aspirations of bui...