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I put in an offer on a triplex this morning. This evening I received this letter back from the listing agent, basically telling me that the neighbors said that the property was a meth lab. The owner says they aren't a...
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Good Morning everyone,Currently I’m stuck and unable to start BRRRR and here is why:I have everything in place, I saved the capitol, I have a real estate agent, I have a contractor, I have a hard money lender, I studi...
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Hey everyone,
I've come across an opportunity where the seller owns a large house and also owns a vacant lot adjacent to the house and is trying to sell them as a package deal. This deal is pretty enticing to...
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This is a property I can purchase but unable to decide if I should or not. Its a farm house on a 17-acre lot. I have found everything to be positive: 17 acre flat lot, 1100 ft county road frontage, future highway expa...
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I have some low-income apartment rentals and I am interested in getting into mobile home parks. I have a park under contract with a business partner who already owns a small park in our area. The park has 30 park-owne...
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Dear All,I'm considering purchasing a property using an interest only HELOC + Conventional loan. It is a 3-family, which after expenses should produce about $360/month (see cost analysis attached). Rents are currentl...
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Fellow investors,I expect this topic has been discussed ad nauseam on here but I thought I would share my tale of woe anyway to help others avoid making the same mistakes I did. In August of last year I came across a...
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My current situation:1 primary, 5 rentals, no additional debt, heloc out (invested in one of the rentals), and cash to buy more, but at 43% debt to income. I am looking for a solution where I can buy more rentals. I...
Hi everyone, I just ordered 3,912 zip letters from yellow letters. 60 % of the list are absentee owners while the other 40 % are owner occupied. This is the criteria I used:-SFR-At least 50 % equity-Bought house on or...
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Hello all, first post here so be gentle haha.I just retired from 20 years in the military and I'm looking at buying a property as a rental. I live in las cruces NM.I currently have 4 houses. 3 rentals, plus the one I ...