Long time lurker, first time poster. Struggled with what part of the forum to place this in, please feel free to relocate.I've had a rental for a number of years, bought it in 09' as a primary residence and converted ...
I have a tenant in my building that just moved into his unit yesterday after signing the lease agreement and wiring the deposit and first months rent in the amount of $6,000. This morning I received a text from the sa...
I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
I live in Denver and 3-4 bd homes cost from $380-550. For my first property that I would like to house hack, I am looking to purchase a move-in ready home for $480 and rent out 3 out of 4 bd rooms. I’m expecting a tot...
Hello Everyone!I am starting to save for a down payment on my first home. I want to have 20k by April 2018. I am just out of college, and the last 3 months out of school i have been working full time and have been ext...
Hi all,I just purchased a property in Gloucester City; its a duplex with one unit rented, and another vacant. I've been trying to get tenants in with not much luck so far, and I had one prospective tenant say that my ...
Hello BP
I would love for some more experienced REIs to have a look at the details of a recent purchase my partner and I just completed and give us your thoughts on how you think we did.
THE PROPERTY
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Ok - I just dont get it...If a seller carries the second, does that mean he is actually taking out a mortgage for like 20% so that you pay only 80? Or that he's cashing out 20% and giving it to you, or what?
Is it som...
Hi All, I have a landlord-renter dispute that I was wanting to run by you all to gather some input before I proceed further.
For some background, I bought a property in a small college town in July 18’ in which I inh...
Where can I find loans for multi family units at 5-10% down? I'm a first time invester with good credit and have a 4-plex I would really like to make on offer on...