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Duplex
Asking Price: $150,000
Gross Potential Rent: $1,900/month ($950/unit)
Taxes: $263/month
I have been pre approved for convential loan assuming 80% ltv @ 5.875% interest, 30 years.
Here's the catch: I on...
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Hi smart flippers,When you have a project going on and your contractor needs constantly buy supplies from HomeDepot, and you cannot accompany him to the store each time, how do you handle the situations? I heard you c...
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Hi All,I have two tenants that have been with me for just over a year now. Their lease is officially expired and they are going month to month. They are nice enough fellas, but they are habitually late every month. ...
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Hello everyone,
I have a couple of multi units in Mansfield Ohio (6 unit and 8 unit). They are both lower income type properties ($300 to $325 per unit). How do you collect payment from these lower income ren...
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Just finishing up the details on a hardmoney loan to a friend here in St. Louis. I think I'm going to like this! Any recommendations for discovering individuals to lend to?
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So long story short, my fiance and I are buying a foreclosure. We're working with a lender called "Prospect Mortgage" who has a local office in our area. The name recently changed to "Homebridge Financial" I believe. ...
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Hello BPers in Pensacola!My business partner and I are taking a huge look at some opportunities in the Pensacola area. What areas specifically should we be targetting??? Any thoughts on what areas to avoid? I have hea...
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Hello BP Members,
Here in Vancouver, BC I have spoken with several people who are interested in investing in single family homes and duplexes in areas other than the Sunbelt. Memphis is one area. I am interested in I...
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I'm renting out a room in a 2 bed/1 bath apartment. An applicant makes 10x income over rent (after monthly debt payment) but has had Eviction Filed, Bankruptcy and a couple of Collections. The person was upfront about...
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Hello all. So I am getting ready to cash out refi my first investment property, i will put all the numbers at the end. I bought the property with a fix and flip hard money bridge loan, put down roughly 22% and and fin...