I was wondering if anyone on here has had any success with a USDA financing on their investment property. Although it’s not permitted to have rental properties loaned through USDA, it allows loans for Multi family hou...
I’m under contract on a duplex. I have about $7k in capital reserves for maintenance/repair/vacancy and I should be cash flowing $423/mo. I don’t see this as a property that appreciates so I’m wondering whether I pu...
Unable to evict tenants, some N.J. landlords sue them instead.https://www.nj.com/hudson/2021...This is another excellent example of a tenant abusing the eviction moratorium. She works for USPS, her husband has a good ...
While processing a loan application I was making the bank discovered a $52,000 balance in an IRA, sitting in a brokerage account in my name. The account originated in a job I left in 1991, and after rolling it over a ...
Does anyone have any experience using Bank of America Home Grant Program?? They are offering up to $17,500 for qualified buyers in certain cities. I qualify for this grant and I am wondering if anyone has used this ...
Hello all, I'm Joe and I live in the west burbs of Chicago and looking to begin investing in buy and hold properties in this area. Looking to start out with a duplex, where my 2 children and I could live in one of th...
I've had this rental for three years. Year one and two rent was $775. I increased rent last year to $850. The current rent voucher for the area is $1198. Would you request a rent increase to $1198 or increase it stead...
How is the rental market in mid west area? I see rental market slowdown in Triad NC, Ocala FL and appreciate your inputs if it makes sense to go for any value add SFR/small Multi family with the recession coming up by...
How does it work and what are the terms usually? Is it better for local banks or bigger ones?
We are trying to find the way to reduce our family expenses and start saving for real estate investing. The biggest expense for us is insurance. What do you think, would it be smart to stop spending about $300 per mon...