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I have a quick question. I am in the process of purchasing my 2nd rental property. It is a foreclosure that was built in 2009. House is in great shape. It was in multi offer so I offered 90k. Based on comps we figure...
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Looking to purchase our first single-family home out of state (timeline about 12 months). We want to be conservative so we have been using the 50% rule to practice analyzing various properties. We're finding it very d...
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Hey everyone really need some help trying to bring my investment to a full time level. I own 3 units currently. I'm trying to get a HELOC on my 1st investment property after an appraisal I will have 80,000 available i...
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Hi All! Can someone please clarify this for me? Let's say the purchase price of a house is 200,000. I put 20% down that's $40,000 so my loan would be for $160,000.Let's say it's a 30 year fixed at 4%.This means :$763....
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Im currently managing my first rental property with apartments.com I own a duplex. Im trying to figure out how I should classify my pmi, property taxes and homeowners insurance payments in the software since I do escr...
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Anyone had any success with this business model? Seems like an interesting way to get involved in real estate/rentals with very low upfront investment. Long term buy and hold rental property investing is still my main...
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Hi everyone!Brand new to this but want to learn and am serious about it. I'm 50 years old, played by the rules and Im tired of being broke! Time for a change.So, my next door neighbor wants to sell his house and I am ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $45,000
Cash invested: $1,000
1400sq single family that had been half converted into a top/bottom duplex. ...
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Hi all....How do one find equity in property?Eg: Property Estimated Market Value- $283.000-$305,00 Contract price -$250,000. Needs about- $10,000 in work. Is this enough info to find out the e...
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Hypothetical situation: If I am working towards material participation hours on a relatively small property in terms of total value but get there in terms of the technical hours and the test, and say later in the yea...