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I purchased a Duplex for $574,000, It currently Rental income was A=unit 1100, B=1150 total: $2250I remodel both units and rerented with a 2 year lease. A=$2100 and B=2100 total $4200.00So basically I almost doubled t...
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Hi BP,Who are you using to finance your secondary home purchases ? 10% Down financing options that are not lending based on the borrower, but based on the asset? Would greatly appreciate any suggestions as I"m doing a...
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Investment Info:
Single-family residence private money loan investment in Arcadia.
Purchase price: $645,000
Cash invested: $200,000
Sale price: $1,248,000
purchased house with partner to build 4b...
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We are VERY new to this, having only read Rich Dad 3 months ago to start the journey. My plan is to start with a duplex (though tri or quad would work also), and are looking at the Pascagoula, MS area (MS Gulf Coast)....
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $280,000
Cash invested: $70,000
PROPERTY: 1-Story Brick Duplex, built in the 1970s that clearly needed (and...
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Hello,Does anyone have experience with Lending Duty Association? They offered me a buy and hold loan at 4% interest for 30 years with $1880 as a "Cost of Registration." They said the cost of registration was so they...
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When we talk about loans, especially Hard Money Loans, the lender’s interest rate
easily falls between 8% to 18%. The borrower’s credit score has weight on the
interest rate even with hard money lenders. The property ...
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I own a home in Wabash, no mortgage, no liens. I'd like to get a rehab loan to clean it up and rent it or sell it. How can I start this process?
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If I currently own 1 owner occupied multi unit that I utilized Fha funding for, and then form an LLC which I use to acquire an investment property with partners for the purpose of flipping, will I still be able to per...
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I recently decided to replace many of my windows in one of my multi-unit properties and I went with the contractor's loan company (AquaFinance) to pay for the windows. All in all, I spent 12k on the windows with a 9% ...