I'm looking to buy my first rental property and I just got pre approved for a conventional loan for 100,000$ through a recommended broker in the area. Everywhere I look online I see interest rates ranging from 3% to 5...
Hi all,**Let me first preface this by saying that the beginning part of this is going to sound like I'm just an inexperienced renter, but please read on, I promise it's a very unusual situation and a problem to which ...
So I follow the news and listen to the BP podcasts and the signs are clearly flashing danger for MF syndications - high interest rates and short-term debt coming due, constrained bank lending, slowdown in rent increas...
I have a fixer upper house which I bought for 4,000 in an upcoming area. I have contacted a contractor who suggested that we would partner together. The discussion was that if I buy the materials, he'll take care of t...
Now its a year later & I have DEppreciation on 2 of them & negative cash flow on ALL of them although all 3 are rented!
I made the typical newbie mistakes of thinking prices would continue to rise & not ...
Does anyone know of a "how to"book that has been written on the topic of developing?
I would like to get feedback on an idea I have of playing the cash flow and appreciation at the same time but in different markets. Here is the strategy:I am thinking of investing my existing money for cash flow in a...
Hi Everyone,
I thought I'd reach out and introduce myself to the community. I'm a software engineer at PayPal. I just finished reading Long Distance Real Estate Investing by David Greene and it spoke a lot about Bigg...
I have been trying to get into multi unit rental properties the last few months. I have gone over deal after deal, running numbers and every deal is loosing money on a monthly basis. Each one of these properties comes...
Ok, so I've been debating this all day and I need some help from the community.I have a married couple who want to rent one of my units and they seem very nice, but they have a checkered past with Credit.Here is the s...