Good Day everyone. I would like to understand if my thinking to pull money back out after purchase is on point, flawed or get solution on how to do it.PV $950,000PP $805,000DP $48,300 (6% $805,00) primary resLoan $756...
Hi everyoneI see a few turnkey deals posted here every day or so. When Cleveland area turnkey properties are posted for sale, are they typically available for showing? By definition, they are tenant occupied... So do...
Just curious, it’s never made sense to me why someone who originated a loan for $100k for instance would sell it at a discount. If I spend $100k, then collect 12 payments (seasoning) and then sell it for $90k or so (s...
Hey y'all, I am considering buying out of state in a market that has state income taxes. I live in Texas where we do not have state income taxes. In this case, how does that work? It is my understanding that profit ma...
Why am I ALWAYS generating a negative cash flow? I already own a home I live in, and want to invest in another property nearby. However no matter which house I look at I never can seem to come out positive! This vi...
How does one work with an architect? would like to know if it is possible to do some preliminary work with an architect to understand the cost of my development for fund raising purposes.How accurate would such an app...
I am new to real estate investing, and is considering house hacking a property for my first deal. I am using a conventional FHA loan to acquire the property. I am looking to create a value ad to the property. How do I...
Hi,I bought this tenant occupied property about two months ago. The current tenant is paying way below market rate and the house needs some updating. I intended to update the kitchen and bath, refinance and then ren...
Io,I've been doing some serious reading, webinar watching, podcast listening, and forum lurking. This has helped me identify a couple of solid business strategies.First, let me explain why I want to get into real esta...
Hello All, I wanted to float a scenario that I found myself in to get some perspective on people’s opinions of where $/SF should rank in terms of priority when valuing a 3-4 unit MF property. I recently came across a...