Hello!I received an accepted offer on a duplex in SE Portland, Oregon for the purchase price since it was relisted due to a prior sale fail. The duplex has a new roof but it needs work: new interior and exterior paint...
Hi BP,I just purchased my first property on 3/31 of this year through an FHA loan. It is a duplex and I am living there now and going to start renovation very shortly. The house was appraised for 107k and I have a not...
Hi everyone! I'm brand new to both the site and the concept of Real Estate Investing, so apologies if this is awkward in any way, but I wanted a little starting out advice for my specific situation, and everyone seems...
My question is when someone goes into a loan forbearance, why does the loan company put a suspension on payments?
My neighbor at one of my properties in PA missed 3 mortgage payments. Her mortgage company gave her a...
Appraisal= $258k/ purchase price = $230k/ Built-in Equity= $28,000/ Down payment cash $27,000.I have $27,000 cash to put into a down payment on the above home BUT, I need to use some (about $10,000) for a new roof/gut...
I currently own a house that has a negative cash flow of $3400 per year. I am trying to decide if it makes sense to keep the house or to sell it. I've done some analysis of the benefits of holding it despite the cash ...
I have a property that was suppose to close on Friday. All documents state closing must occur by Friday’s date. My realtor received a text from the other realtors agent at 545 pm that the bank did not fund the deal...
Hello fellow Phoenix-area investors! What are you averaging for cash flow on your properties?
So I'm going out to look at a duplex today I'm interested in. My initial plan is/was to secure it with FHA loan with a 203k to fix up the repairs needed. I'll live in it for the required time while renting out the ...