Hello, need help with financing options.
We just found a great off market deal and have it locked up but have hit a snag with financing.
A little about the deal...
Property is locked in contract at $520k
Appraisal n...
I've seen a lot of people on BP saying they want high appreciation markets. Some of them will tell you to not worry if you have negative cash flow because after the property appreciates and rents go up, you end up ma...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Leesburg.
Purchase price: $324,000
Cash invested: $85,000
One Duplex, one single family home purchased from the same owner...
Hey yall, I am new to investing in real estate as you may be able to tell by the question I ask... LOL.But theoretically, why couldn't I find a multi-family property that is already positively cash flowing, purchase i...
How can I find areas that have fourplexes built 1980 or later ? I prefer Texas or Florida but can be flexible on location. TIA !
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
Here is a link to NAR's local market stats from there web site.
Scroll down the page and choose your market. Enjoy! http://www.realtor.org/research/subscription_data/localmarketreports
I was recently contacted by a company called Nu-Way real estate.
They claim that for an upfront fee of 5,000
They will train you to find prime foreclosures, give you a 1% finders fee when they take title to properties...
Hi,I'm just starting out looking for a multi-property house hack. I'm planning on living in this property for a year and renting the second unit, then will rent both units moving forward. First, I'm trying to understa...
I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...