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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $75,000
Cash invested: $25,000
Sale price: $176,000
Purchased the property and held onto it for 3-4years...
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Hey guys I'm Dre Alston,16 and from Nc I have been looking into Real estate investing and wanting to pursue a career in that field when i get legal age (18) but me being so eager i was looking for ways to get into it ...
I built a duplex in 2012 it's got an 8% cap rate which is a fairly good return. My parents started a LLC and built a four plex across the street in 2014 with a 8% cap rate. I am looking to free up 30k from the equity ...
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I have been on BP for a couple months now, but never introduced myself.I am currently closing on my first house (duplex) and will be house hacking it. I would love any advice or suggestions moving forward on that proc...
Hey guys, so I've been presented with the situation that I can inherit my parents house after their divorce for less than 20% of the home value. My parents just want money to move, I am looking for someone to lend me ...
Hi! I'm wondering if credit card payments I make monthly to credit cards in my parents name (read I am not an authorized user, so these don't show up on my credit reports) would count towards my DTI formula when I ap...
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Investment Info:
Mobile home buy & hold investment in North Wales.
Purchase price: $90,000
Cash invested: $10,000
2 bedroom, 2 bath mobile home
What made you interested in investing in t...
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Good day I’m looking to buy my parents house There’s two issues:A.its a “Short Sale”B.My dad owes $400,000 on the mortgage Note:the bank has agreed to lower the debt owed to $100,000 The selling price is $280,000$380,...
Hi everyone! I am a new investor planning to buy my first investment property in the next 1-3 months. I've read multiple posts about how it would be unwise to rent out to relatives/extended family and I understand the...
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So I recently found out that my parents are sitting on a relatively large amount of equity in their house, and they have no plans on HELOCing or otherwise using it. What are some options for me to leverage that equity...