I have found a four-plex through an agent that grosses $2,000/ month in rent. The asking price is $45,000 and the owner is willing to finance with $15,000 down. According to the listing, it needs about $8,000 in repai...
I have this property under contract for $20,000 and I was thinking about keeping it. I could finance with a back for 25% I think. Or the seller is willing to take $10,000 now and $10,000 in 7 months. This gives me tim...
I have this property under contract for $20,000 and I was thinking about keeping it. I could finance with a back for 25% I think. Or the seller is willing to take $10,000 now and $10,000 in 7 months. This gives me tim...
I listed a apartment for rent about a week ago and thought about possibly accepting Section 8 for the apartment. I had a few questions for the veteran Section 8 landlords on BP. They are:1) I assume FMR's include all ...
I am Interested to know if anyone has successfully been able to have their real estate assessment value lowered in Puerto rico? CRIM is the taxing authority in Puerto Rico. The realtor I am dealing with says the...
A while back I actually "claimed" one of my properties, a 3 family rowhouse, and entered in the correct data to see what would happen to the "Zestimate". It's now $827k with a rent of $2300. WTF? Regardless of the acc...
We're in a lease option contract with our tenant for our investment property and they exercised the option so we're about to close the sale. We plan to 1031 to another property. My assumption is that the lease option ...
Hi All, Hope everyone is having a great week so far. I have been using rentometer for a while now just to give me overall ideas of areas. However, I was curious about what others were using. Are there alternatives? Ma...
I'm using the rental property calculater here and I can't figure out if MIP is automatically accounted for when selecting the 3.5% down payment.I know MIP is charged both upfront , in the form of a one-time fee that i...
I am just starting out in the real estate game and am starting to narrow down the strategies I plan to use. I had the idea to use a lease to own strategy as a more passive income as well as a long term investment, an...