I purchased a property at 58k last summer owner financing. The agreement was 1,000 for 12 months then $600 until the debt is paid. My income shifted so they’re was 3 months that I paid $600 which the man said it was o...
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I finally bought a multi family building! It's a good step but I am pretty confused and hoping for some guidance. I have never purchased a property with a tenant in it until now. I bought a building of 4 townhouses. A...
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I'm trying to buy rentals in a transitional neighborhood where some streets are rough and some are decent. Violent crime is some of the lowest around but property crime is kind of high (I guess the thieves are chicken...
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Hi there,Baltiimore city has a lot of permit requirements, regulations and restrictions for work done in historic neighborhoods. Generally speaking who is responsible for ensuring compliance with the permits and regul...
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I am closing on a rental property tommorow using a conventional mortgage with a local bank in Pittsburgh. (house - hack scenario ... will be living their for a year and then renting out). My decisions and math regardi...
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Due diligence is ringing in my ears right now.
I purchased a 2300 sqft, 6 bed room,, 4 unit multi family on the MLS in June of last year and have just completed a beautiful full rehab.
Only now to find out ...
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Hello, I'm currently living overseas and am thinking of moving back to the states by the end of the year. I already co-own 6 units with conventional loans using 20%-25% down, but would like to try something a little m...
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Is this a success story??Great renovation and a gorgeous home with a net profit of $24,906.94!Check out these before and after photos!!Purchase price $275,000closing and holding $31,177renovation cost $98,356Sale pric...
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Hello Everyone! Looking for some help understanding all the tax implications of a CHFA loan. There is an IRS tax recapture if 3 things happen:1. I sell within 9 years2. Make over a certain salary at time of sale3. Pr...
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As of yesterday, I have 100% occupancy in my portfolio. The last time this happened, I had 9 door. I bet it won't last any more than 1 month...However, this does explain why I am so bored with REI, as is evident fro...