My partner and I are in negotiation for a 6-unit property in NE Ohio, below are details: 4 rented, 2 vacant / average rent $735 (4 rented units $720, 2 vacant $775)Owner pays water, sewer, trash2 br, 1.5 bath, roughly...
looking for the most effective way to build my credit to get a good interest rate on a fha loan. My credit is shot right now but i am in the process of rebuilding. Any and all advice is greatly appreciated. I would lo...
Hi Folks! I have a property with great tenants. Their existing lease is up at the end of March, and I inquired with them if they had any interest in buying. They just responded that they may be interested, and aske...
I have heard more times that I can count that to be successful in real estate you need to run the numbers and only invest in properties where the numbers make sense. In theory I get that. But it seems that running the...
Let's get straight into it. I know wholesalers that have made hundreds of thousands of dollars in assignment fees, yet they are missing the important fundamentals of running a business. Most wholesalers are hustlers a...
I'm trying to figure out if it makes sense to buy the following property. It's a 2 star motel in a midsize city in the Midwest with more than 100 rooms on over 2 acres of land. It's being sold at a sheriff's auction a...
1st time poster. Long time lurker.
4 unit property - 3 are tenant occupied, I will live in the 4th
$370k purchase price
$3200 monthly income
$19k in seller assisted closing costs
$11k - 3% buyers agent fee toward cl...
I have a potential Seller fiance deal
Property ARV: 200,000
Asking Price: 135,000
Down payment :25,000
Repairs: 25,000
Rents in the area: 1200
Monthly payments: 501 (Principal only payments for 3 years)
Paymen...
Hi, I was looking at a condo that has reached its 20% rented units cap. This isn't an issue in the short term, as I plan to owner occupy--But my question is-- in the future, if I were to rent the unit out-- how would ...
Hey BP,Been working with MI/REI Nation as the general bp consensus seems to be that they are a reputable and well managed/respected turnkey provider. I’m looking at some pro formas they’ve provided and running my own ...