Hello,I just got my first tenant occupied Triplex under contract and the leases don't run out till June 2022. I plan to vacate the two units in the front at least, do some remodel and move in ourselves. The third unit...
Hi all,I've been reading through the various posts about refinancing and can't seem to find the best answer, so I need some advice. I'm living in my first home (investment property) which is a 2 unit property, purchas...
Hey everyone, first post! Anyway, I feel pretty knowledgeable in this as starting out as I have read the books and had mentors etc. for a few years gearing up, BUT, I have ran into a problem I have not found a good so...
Hi Everyone! I have a MTR that I list on both, Airbnb and Furnished Finder. My current tenant moves out at the end of April, I've been getting several Airbnb requests that start in June, & I've been declining them...
Hi All--I began delving heavy into real estate about 12 months ago after attending a "Ride Along" with a successful real estate investor in Philly. I learned a ton and took a bunch of value from that day, and somebod...
About three years ago while searching through Craigslist, I found a 3 BR/1BA rambler for rent in Bellevue, WA for way below market value. The owners of the home live in Hawaii and did not even have a lease or ask for...
Hey everyone, figured this was the best place to post. I'm a tax accountant in Australia with a strong background in property investment here, so pretty knowledgeable of the general gist of property investment and giv...
I am looking for fixed rate mortgages under 6% fixed rate for 9 buildings totaling 17 units. I now have 5% / 20 yeaer/ 25% dp / 3 yeaer ARMs. I'd like to lock in, even if it means some closing costs. I keep hitting d...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,345,000
Cash invested: $500,000
Sale price: $1,825,000
Case Study: 3142 Fairfield Avenue
This c...
I was fortunate enough to purchase a multifamily using a FHA loan. It was a short sale in 2015. Purchase Price: $600kMortgage balance: $540k @ 3%Net income: $1600/monthThanks to nice growth in this neighborhood, which...