I recently attended a "Financial Planning" class at my job. Someone asked about the "Interest Only Loans". The instructor said "NO, NO NO". I was wondering why. He didn't get into it he just said it's only good if you...

My wife and I are almost in a position to purchase our first investment property. We could buy now and get started with a high market and afford maybe a “C/C+” class property, if we wait another year or two we could a...

For those of you who get into rehabs, how often do you buy properties at foreclosure auctions? I dont see alot of people here that purchase from auctions. In general, do you find most of the good deals go the route of...

My name is Seth Brown, I am a 23-year-old recent college grad. My wife and I moved to Richmond and got married within 3 months of graduating from our respective colleges in spring of 2014. Jackie has a very stable job...

I'm looking at a prospect that clearly has a little bit of foundation issues, but the foundation guy that looked at it said, for a rental, i wouldn't do anything to fix it. If I wanted to, he estimated it would be ab...

Hi everyone,Anyone have experience with buying a duplex as your primary residence but not actually living there and renting it out? Contrary to living in one side and renting out the other? Legality of it, tax implica...

I'm considering a jump into residential real estate as an investment opportunity and have read about the Rule of 1% and Rule of 2% (i.e. monthly rent should be 1-2% of the property price). I understand they aren't nec...

As always I turn to this forum with a scenario. Potential renters with 100k in the bank. Self Employed and appears last rental location was owned by a brother. On the rental application they put the first name of t...