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I'm just searching at this point. Not investing any money yet. So this is just a scenario I am looking into. I found a foreclosed three-unit multifamily house close to where I am living in Birmingham, AL. It is listed...
Looking for some advice on how I should treat this situation when I file my taxes this year.I bought a piece of property a few years ago and replatted it and split it into 2 (not equal amounts). Lot A, the main lot, w...
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When I closed on my first duplex in Harrisburg, Pennsylvania in August 2017, "the 2% Rule" was the gold standard for determining whether a property would cash flow. (The 2% Rule says that the gross monthly rents shou...
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A few friends have talked with me about going in on real estate deals together. Each of us have done real estate investing before, but not a ton of it. We're all "post-newbies" (3+ deals each, never together). Each is...
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I am close to closing on my first property. I have talked to several (probably 15 or more) lenders. I have several options, including cash, to purchase my first property. My CPA is advising me to close everything poss...
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I own a 4 unit property on a quiet, dead end street. I have the chance to purchase the already rehabbed home next door for $368,000. It is a duplex purchased in 2017 for $340,000. The owner bought the house so her mot...
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Good afternoon,
I have 15k cash and I'm looking at purchasing a property between 100-200k. I'd like to rent that property out asap as I am already in a comfortable living situation.
My question is what types of loa...
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wanted to get everybodys thoughts on a deal that I just completed. I bought 2 sfh right across from each other in a b neighborhood. Both appraised for around 95,000, I got both for 60,000 each. The loan is together on...
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Hello,
I have the potential to buy two properties in Indiana, both at ARV of $117,000 and 20% down. One in Indianapolis, one in Alexandria.
Indianapolis property - rent 1050/mo 3bd 1bt, Alexandria property - rent 90...
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Hi All,I am bidding on a foreclosure and it looks like I am in a multiple bid situation so the bank is asking me for my best and highest. I am a little nervous as I don't have firm numbers on the rehab. I did my best ...