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Alright, don't jump all over me for the question, but I really don't know the answerLet's say I buy a home for $100,000 and put 20% down with a 7.25% mortgage. I now have $80,000 worth of debt with roughly $450/month ...
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Hello!I'm interested to rent out my property. I was considering section 8, but not sure if that is such a great idea. Friends and family advice me not to do it. But they are not professionals.Any tips, tricks or advic...
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Appraisal Risks – Part 1 of 2: The Appraiser Undervalued My Property. What Can I Do About it?
This is part 1 of a 2-part series on appraisal risks. In Part 1, we discuss what to do if an appraiser undervalues your p...
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I need help trying to figure the value of the commercial side of a mixed use property. It is a rehabbed school and I can figure the apartment side, but, I have no experience on how to value the commercial spaces. They...
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So, I wondered if anyone had insight into finishing an attic space if my joists are 8x2 spaced 16" apart. Now, I have heard that this only allows for "office space" rating, but my intention is to put in a full 2 bedr...
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I'm exploring being a Limited Partner in an apartment syndication. In general, what are some red flags or specific things to consider? Is there an element of trust that is needed at the end of the day because you ar...
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On one of my recent specs I thought it would be fun to document the project with pics. So I will share here the pictures and documents for anyone who may be considering specs, or is simply interested in following the ...
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I have have had 2 long term rental properties for about 10 years. Now I am considering a short term rental in an area like Florida or Gulf Shores, AL. I would like to be able to use it when it is not rented. I was...
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I recently bought a property in the City of Detroit from an auction, and it turns out there's a squatter there. Talked to both of the next door neighbors and apparently this lady (with kids 😮💨🤯) broke in and set up h...
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One of my good friend wants me to take over his loan or buy his property for the loan that is owed. It's a no question about it that it's a good deal.
I was wondering if there was any way I can assume the loan witho...