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We bought our first investment property and looking to purchase more. What is a good price point to look into now that interest rates are high? We bought at $120 and ARV is $220. What’s going fast? Higher price points...
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HI all,I am not sure if I am posting in the correct area, and if not please let me know. I am interested in doing research on developing land to put a number of duplexes and fourplexes on it. But I don't know where t...
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It came as a bit of a shock a few months ago when I contacted a mortgage broker about financing, using equity in a property to secure financing.... it is just not possible with traditional banks in Canada anymore.One ...
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Hello BP,Wondering what kind of ROI you guys get from putting in new laminate / hardwood flooring on your properties? I'm looking to close on a property that has a pretty rough and old hardwood floor that I want to re...
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Hello all, just want some advice on which to use to finance my first investment property. A conventional loan or a HELCO? Property price I am looking at is between $30,00-50,000 for SFH.
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Hello there! I am new to the site and new to real estate. I am planning on purchasing a condo in Utah that would be utilized as a vacation rental for tourists drawn to the area for the ski season. However, I will be u...
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I am trying to understand the best way to figure out the most accurate way of calculating costs of maintenance and capital expenditures. I am thinking it could be 2% for one and 15% for another by seeing what conditi...
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SFRental - has a 220-230k valueCurrent mortgage balance is 149k, with a 30 yr, 2.85% interest.I put about 15K down payment and closing, house hacked for one year. I need access to money, to invest in other deals. I a...
The seller is asking for 800k on a 5 unit building. - 2br 1bath 1300- 1br 1bath 1250- 1 efficiency 950Rents are low. In a great neighborhoodAt 800k the property doesn’t cash flow. What is a good price number to make t...
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Hey Guys,If I own my home outright and have no mortgage, and I want to tap into some of my equity to purchase another investment property, which of the above would be the best way to do this? My home is worth around 3...