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I am looking to start buying rental properties and I have been looking at some condos for sale. Are these good investments for rentals? They are usually cheaper but I have read they are a hard resale. I have also read...
New investor question: If I'm purchasing a 40K home that will require 10K worth of refurb, would I just lump those two together and tell the bank that my total purchase will be 50K? And is there a special name to ...
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Hello!
The condo I live in was bought using 5/1 ARM back in 2005. The ARM rate began floating in 2010 and since then the interest rate has been around 2.625% with next adjustment happening in April 2015. I ha...
Hi, so recently there was a 10-2 yield curve inversion signaling a recession in 12-18 months time frame. My question is if a recession is coming that means to central banks will cut rates and therefore mortgages would...
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Hi Everyone! Newcomer here to real estate investing with an interest in long term SFRs and MFRs and short term rentals using the house hacking, BRRRR or traditional mortgage method. Living and working out of Californi...
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Greetings, everyone.Just a quick simple start to the discussion here; feel free to take it wherever you wish.How have you personally, or what are the best strategies in your opinion, to fund large apartment deals (32+...
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I have been researching 3 and 4 unit properties in my area, and it seems like the prices are all a little bit high. I suddenly discovered that 5-6 unit properties are better deals than the 3 and 4 unit properties. Can...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $717,300
Cash invested: $196,080
Sale price: $806,500
RE Lesson : Adapt and Overcome. A planned buy and ...
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I'm considering doing a lease-to-own on a property I have in Texas. I can't figure out if this is legal or not because I keep reading different things on the internet. I know -- I should just check with a RE lawyer ...
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Going through a mortgage broker for my current flip.
The plan was to use hard money to rehab, refi out to a conventional, then sell.
Rehab is about 50% complete and as I begin the refi process, he's says I can list ...