Ryan Mellon
Need help on a 2 unit!
Hey guys, I have a lead on a two unit that I am having a hard time finding comps on in the area because the majority of this area is single family residences. This property was bought for 115k in 2006 it has a curre...
Anna Christie
Turn Small Hotel into Monthly Rentals - good idea? Bad idea?
I am looking into a 16 unit hotel that has lots of deferred maintenance and has been renting rooms by the month. Needs roof, paint, flooring, pool is unusable. Location is great, right off freeway and has its own bill...
Lin Yin
Cash out from down-payment and continue buying?
Guys,I am new to real estate and to this forum as well. I am in the Boston area. So I plan toget together more than 500k, put down 20-25% on 300k properties and buy 6-7 of them and rent them out.My question is, is the...
Tommy Martinez
Investor mortgage with 10% down!
Hello all,Does anyone know if there are options out there for a 30 year fixed loan with 10% down instead of the traditional 20%? I can’t seem to find these type of loans and was hoping someone can point me in the righ...
Thomas Nordberg
Property Size for Mid-Term in Tucson
I am looking at purchasing several properties to set up as Mid-term rentals in Tucson, ideally around the Hospitals in town to focus on traveling healthcare professionals. I have received conflicting advice on propert...
Bryan G.
Suggestions for Price reduction on Forclosed Property
Looking to invest in a foreclosure property located in San Bernardino County - property needs about 10K worth of repairs to be rent ready. Ideally we want to offer 200K. Bank is firm at 220K. A 220K PP would yield a l...
Andy Vasquez
Protecting Assests Without Transferring the Deed
I live in DC and want to rent out the house that I am living in today. It is my understanding that I cannot transfer the deed into a LLC without paying a huge transfer fee. Is there anything I can do to protect myself...
Tom Benette
Insurance for rental property
We own an LLC which in turn owns a rental property (single condo). We use outside managers to manage the property.Right now I am using an All State personal policy on the rental property with the LLC as additional in...
Joe Ebanks
What type of property insurance is best overall for you?
Hello,I have the choice of a couple of options right now. One is a local agent of state farm, they have a very high replacement cost if I lose my property to fire. However its quite a bit more expensive than a nationa...
Nolan Ring
3/3 lenders have no idea about FHA loans
Today I reached out to 3 different lenders in Northern Idaho about FHA loans for small multifamily properties (2-4 units). Each lender gave me a different answer about the terms of the loan such as required down payme...