Investment Info:
Single-family residence buy & hold investment in Lexington.
Purchase price: $55,000
Cash invested: $25,000
My business partner and I bought this 3 bed/1 bath brick ranch from a l...
What types of homes does everyone typically try to avoid when buying and renting? Homes with only 2 beds? On a main road? No backyard? Are there layouts or other characteristics to avoid that you’ve seen don’t do well?
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $260,000
Cash invested: $56,000
This is our latest acquisition of a C-class, 10-unit, 7,000+sq. ft. mu...
Hi BP! Overthinking business structure when it comes to acquiring rental property. My husband and I started with:A 2 unit FHA house hack (loan in his name) and stayed for full year as required Then purchased a new pri...
I attended a high income seminar today. The sad part was that the seminar title was Strategic Defaults! The speaker was very high powered attorney in swfl that has been doing these for a couple years. The stats came f...
I am underwriting an apartment in Galveston County. No wonder the sellers want to sell. Their property is a C class, Highest 2/2 rent $1150 mo. Last renovation done to the properties exterior, my guess 10-12 years a...
Has anyone used a foreclosure auction service?
One was recommended to me by my title company. Here are the services they provide:
Daily list of foreclosure auctions
Drive reports and pictures
Title research - My ...
Hi! Just wondering if there's a limit on home equity loans. If not, and you have like $200,000 cash to start, could you just buy a $100k property, fix it up, rent it out and then get a home equity loan for $70k and ...
Hi everyone. I'm Christopher F Settipani from Richmond Hill, Queens, NY. I was born in Queens, spent most of my teenage years our in East Northport (Suffolk), NY, and decided suburbia was not for me and headed back to...
We have several rental properties. Some owned outright for Cash, one has a mortgage.We are selling two properties in the next 60 days. We want to take the proceeds from those sales, which will be between 85-115K and...