Robert Carpenter
Hypothetical Subject To Deal
My seller has an FSBO house with an ARV of $530,000.He wants $520,000. He owes $290,000 with a payment of $2,400 PITI.He wants a Down Payment of $75,000 and a two year balloon.--------------------------------------...
Pat Hamilton
Rental License / Rental Suitability --- huh
So, I just purchased my first investment property in Philadelphia. It needs minor work I think (it definitely needs new flooring and painting, but I also might want to replace the ugly kitchen and bathroom). I will ...
Corinne Alconera
Would you accept this seller financing offer?
Would you accept this seller financing offer?
Buy and hold 2-units
20% down payment
30 year amortized note w/5 year balloon payment
Cash flow is $100 per unit
Most 2 units in this area...
Mary Spalding
HELOC to get another property for cash?
Hi All, fairly new member here. I have searched, but have not found specifics recently that would address this issue. We are in the midst of purchasing our 3rd rental. It is a REO. We are purchasing it at 60% ARV,...
Phillip Gonzales
Buying Primary Home vs First Investment
Good afternoon everyone and cheers from Phoenix, AZ! So over the last 6 months or so I have been debating on buying first home for family of continuing our rental and buy our first investment. A little backgroundI am ...
Mike Nelson
Personal Home...Did you pay retail?
I'm curious to know, being that most of us on here are RE investors. How did you guys purchase the homes that you live in? Were they foreclosures, short sells, rehabs, custom built or did you just pay retail?
Carlos Ruffo
First Time Real Estate Investor
Hi, I’m Carlos. I’ve been thinking about getting into real estate but have been having a couple concerns before buying my first property.
Current Situation: I am trying to househack a house in Cincinnati as I have 4...
Brent Warner
Need Market Advice for Florida for First Property
I've been looking at buying my first property in Florida, and would like some advice / suggestions on markets to look out there. To start, I've been looking around Orlando Kissimmee area but would love to hear thought...
Michael David
Stranger in My House
About to close on a home with an existing tenant. They are month to month and I have the names on the lease but nothing else...A month ago we told them they will need to find a new place (as far was we know the seller...
Alexander Roeschmann
Major Depression ahead?
It seems like this crises might be over soon, but that doesn't mean anything will return to normal. In fact there are major changes ahead and the chances of a massive Depression are extremely high. In this post I will...