Are there any lenders in Texas that would issue a 80% LTV first mortgage and allow the seller to take back a 20% LTV second mortgage? If not, what about 80/15/5 or 80/10/10? Would the SFR need to be owner occupied o...
Like I stated I have purchased a house (condo) while in the military. I am getting out in 7 months and I'm not sure if I should sell or keep it for value. Any advice is appreciated.
The numbers are as follows. I pur...
Im buying a 4 unit building.price is 150K.rents are 25,200/yrtaxes are 6,000/yrwater/insurance 2,300/yrIm paying cash and doing a cashout rifi at 4.75 amort. 25 yearsSince my out of pocket is basically 0, am I in bett...
This past weekend I put out 5 bandit signs(limited mobility or would be more) :). 1 possible lead. Still digging into if I find someone that invest in a town outside of where I live. Picked up a cash buyer from my sig...
Investment Info:
Single-family residence buy & hold investment in Tucson.
Purchase price: $49,000
Cash invested: $39,000
This was my second real estate investment. Bought with no (personal) money...
Cashflow OR Appreciation?? Need advice on cash out refi or leave as is...
Details:House #1 purchased in October 2020 for $150,000 using conventional finance, 20% down and 3.75% interest for 30 years. Currently rents...
Hello everyone, I'm a newbie and I'm hoping to get my first deal under my belt. I had located a REO and I think its a good deal. I want to get a GC out to the property and a Mold mitigation company. The first question...
Is anyone financing purchase and rehab costs for a home that is intended to be a flip?
Thanks!
On my residential rentals, I've always expensed small repairs (bad toilet, plumbing, etc) and any real "improvement" like new cabinets, total rehab, etc. depreciated.
Now that I'm looking into mobile home parks and s...
Hello all, long time reader and first time post here. I appreciate all of everyone's contributions here as it gave me the confidence to step up to the plate and recently closed on my first long-term rental.
I live ...