All,I'm new to the forum and have been doing lots of reading and talking with friends/coworkers that have already begun their real estate investments. I'm looking to do the same within the next year. I'm 23 and make...
Asking price is 520k for 4 family unit. Did the whole check up and only small cosmetics work need to be done. But it's a hot property 20 min from Boston. Average comps for this location is 450-500 but I want to close...
Has anyone tried using a 203k loan in San Diego? I'm looking to buy my first property with 3.5% down and I want to force that appreciation by renovating it and tying that renovation cost into the loan I get. Has anyon...
Thanks for your suggestions below.
I bought my first rental property 3 years ago for 336K. It’s now worth 470K. Mortgage including taxes and insurance is $1750 a month, and rental income is $2500. Right now I’m payi...
I have been providing appliances for my units and including them in the rent. I have been considering charging extra for appliances in the future, so I could offer my units at a lower price if the tenants did not need...
Hi all,
Second home Loan
Around 45% downpayment (to meet 50% DTI)6% apr1800/month mortgage (principle and interest)
Investment Loan
only 20% down7% apr2900/month mortgage (principle and interest)
Notes:
I can ...
Hi everyone, in April 2020 we purchased a 4-unit property in Los Angeles where the seller financed a 2nd mortgage. The seller stayed in the property as our tenant after close. We are attempting to pay off the 2nd, whi...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $69,000
Cash invested: $10,350
Upstairs is a 1br/1ba apartment - Market rent $550 - current rent $500
Downst...
I currently work a full time job and plan to begin investing in real estate this year. A real estate investor from a certain real estate investment group (which charges $20,000 for a mentor lol) told me to go exempt f...
Hi guys,I'm trying to pay my property tax bills (I have 11 places in Atlanta) with a credit card has anyone been able to do this without incurring the extra 2.5% charge in some counties?I'm trying to increase my spend...