Hey Fellow MO Investors:Wanted to share some specific info in this post as I've been doing analysis and don't want to have my head in the clouds, as I'm out of state. Below you will find a deal analysis that is typic...
Hi all,Looking at an elderly couple for tenants but she has a bankruptcy Ch. 7 from a fused spine injury that ended her carrier. Both FICO's look good, low debt, steady retirement income 4x the rent, previous referen...
Hello there!I recently discovered this website as I am looking for solution in making my next deal. I have been a part time real estate investor for the past 15 year. I mean part time in the way where I have only few ...
I'm currently house-hacking my second 2-family property; I'm starting to think about the next one (naturally) and need some direction on financing. I have one conventional and one FHA loan out, and re-financing the FH...
This is a Condo - everything is in monthly figuresPurchase Price: $209,000Mortgage: 814 (4.85% IR)Taxes: 341Insurance: 33HOA: 175Vacancy: 95Repairs: 190Rents for: $1900Any input would be greatly appreciate! Thanks!
I'm the seller. On day 31 with a VA buyer. Lender told me that the file has been submitted to underwriting. What is the turn around time? I'm assuming this is where the Underwriter signs off to proceed to closing barr...
Recently I have been purchasing a lot of land & turning them into payments for deed with pretty good success. Many of the clients that I buy land from have the mineral rights but I am having a hard time figuring o...
What are banks accepting now vs list price? I plan to offer on an reo sfd that is being auctioned. Is an offer of 65 or 70% of mls price likely to be accepted, assuming I'm not outbid?
This is a house that they've be...
Hey all, and happy 4th of July! I am currently under contract for my first investment property. It is a 4-Unit on a double wide lot in Jefferson Park, that would be owner occupied by myself and my significant other. T...
What's everyone's opinion on buying a condo for their first rental property? I kind of feel it's a nice way to get my feet wet and like the low maintenance aspect. Love to hear your opinions.
Thanks
Phil