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Can anyone share their experience of when they bought their first apartment building? What bank did you go to? What was the process and requirements like.? Did you have all of your financing options in order before yo...
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I was wondering if I would be eligible for the $8000 tax credit if I:
1) purchase a condo now
Year #1: Live in the condo for one-year
Year #2: Rent the condo to someone else for one-year, while I finish Ph.D. work i...
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Hi Bp, I recently bought a 3 family, fire damaged property In New Haven Ct, the fire was contained to 1 wall in the bath room, so the damage is not major. When I went to go turn the power on, the power company said th...
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I found a single family home for $87k the Arv is at 142k. ( I am rounding off the numbers) My question is how long would i have to wait before i can refinance? I will be using a little to no money down tactic. I h...
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Hi,
I am looking at purchasing 2 four-plexes (seller's stipulation that buyer must buy both at the same time). Each four-plex is going for $129K in Phoenix. Each building has four two-bedroom/one bath un...
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I have a question for those who have extensive dealings with property management companies.
Would you expect, as an owner, or is it common for the 3rd party PM companies to perform inspections of your properties for...
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So I have a foreclosure under contract and they just found termites on the inspection.. Formosa termites, the worst kind. Wanted some input on whether it's worth pursuing or to just walk.
The house is in a good area...
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So I am really thinking about buying some land and not trying to go all out with finding financing for a cottage/cabin and dealing with all that. Instead I was thinking it may be easier to buy a decent sized camper, o...
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Hello, I have two rental properties. Each property has an original primary home mortgage. My strategy has been to buy a home as a primary. Live through the renovations and pour in sweat equity in and then (after a yea...
Hello All!
First, thank you in advance for taking out the time to read this. My partner and I are currently renovating 2/4 units in our fourplex. My role is to keep track of the P&L, budgeting and documenting. I...