I am in contract to buy a house from the bank [in ocean county NJ] . There is a tenant in the house that has been there since the original landlord put them in [before subsequently forclosing]. As I am getting close t...

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $60,000

Cash invested: $7,400

Sale price: $160,000

This turned out to work out for us, even though our i...

I’m looking at a single-family residence in Chicago, IL 60633 the property needs $10,000 in cosmetic repairs and the bank is asking for a cash only deal? What does that really mean?

I am getting started in real estate investing but my wife is concerned about what happens should a deal go south. I have not yet set up an LLC or corporation. Will she be financially responsible if I enter into a deal...

I've been doing some research on a 9 unit complex for sale. It's been listed for a year. It is a 6 unit apt building, a 2-story/2-unit building and a 3/2 mobile home on 5 acres with a pond. It is fully rented, and ...

I am not sure this is a unique situation, but it is to me with an existing tenant. Early this year, I found out that our tenant was wanting to purchase a home vs. renting long-term. I let them know that I would be ope...

I've had several instances where a house I had went under contract, and it ended up falling through for whatever reasons. Some of these were my fault... such as an inspections. But some of them were not. In one case, ...

With rates 6.5%-7%, especially for investment properties right now, I just read about assumable mortgages where you simply take over the mortgage of the seller when you buy the property. How does this work? Can anyone...

I have a quick question. On July 11 I received an offer on a SFR property I put up for sale. In the agreement it states that close of escrow shall be within 45 days. It's been well over 45 days at this point and we ar...

Lease Option a Lease Option?

I took it upon myself to go to the public library today. What a frick frack gold mine that place is. I could literally curl up and die there. So, I thought perhaps I was missing someth...