Michael Lamb
How to Determine Market Rent
I am looking at purchasing a duplex in Twinsburg, OH, as a primary residence. I plan on living in one side while renting the other side, so I can take advantage of putting 5% down. My goal is to move out after a yea...
Harman N.
What happens if house prices go down after HELOC appraisal?
Hi all,Let's say you get an appraisal and open a HELOC, and some time later house prices in your market come down. What happens if:1) You've already taken a draw from the line of credit2) You haven't drawn on itI'm gu...
Andy Rivera
First property under contract... Now what?
Im from New Jersey, partnered up with a local real estate agent who had a client from PA who is currently living out of state. Long story short prop. under contract but now I have no idea what to do next. This is my f...
Wendell De Guzman
Rent to Own a Shortsale Deal - what am I missing?
I have a lot of experience doing rent to own in the past but the way I acquired the properties is through subject to. I have a rent to own opportunity in a great area of Chicago called Wheaton. However, this will b...
Nick Ambrosino
Rehabbing and appreciation
Newbie here (2nd post). My partners and I are considering rehabbing an 8 unit mixed-use building in Greenpoint. At what rate do we calculate appreciation for such a property? Is that number a pure guess or is this ...
Michael Hudson
Getting Creative with Lease Option
Hey everyone! Fairly new to Real Estate investing, and I had a question for all of you! Recently, I began reading up on house hacking, and it definitely seems like a very great way for me to start, seeing as I work fu...
Todd Keith
80 Unit Apartment Purchase & Seller's 1031 Options
Hi BP, I'm hoping to get some advice from you BP members who are experienced with 1031 Exchanges. Background:I just made an offer on an 80 unit apartment building. I will be assuming the existing mortgage on the prope...
Josh Cohen
How do accurately run numbers
I want to run numbers on numerous properties before pulling the trigger, as an exercise, so I am better prepared when I am ready. Unfortunately, I don't understand how to estimate potential repairs/rehab, and many of ...
Leo Peralta
New Real Estate Investor
Hello everyone! I am Leo Peralta from San Diego, CA that is a full-time software engineer. I am very interested in exploring the real estate investing world. I did just buy my own home, but now want rental properties....
Alex Hugo
Master Lease Option in TN
Does anyone know about how a master lease option would affect an FHA loan in the state of Tennessee? Or has someone done a master lease option on a single-family home in the state of TN and has any tips on ways to go...