Hello all, I have a good credit score (700+). Looking to purchase an investment duplex in Florida and a local bank is asking for 30% down with 5.625% interest rate. Is that a bit too much?? Just wanted to get idea of...
First time landlord here... would love your guys' input. I've got a couple decent candidates I'm considering, both with pros and cons...1st OPTION:Doctor + retired woman, both mid-60s, no kids, no pets~ 9x monthly ren...
Debating on which tenants you would choose. Leave your feedback! We have amazing 1st floor tenants and I think we are comparing everyone to them which is sort of hurting our judgment on people.Tenant A:Young couple (m...
Currently own investment wise a duplex and a SFH, thinking about paying extra on one of the loans to pay it down faster. Curious which others would go after first? I’m thinking the SFH as that would likely appreciate ...
Hello my seasoned realtor colleagues. What do you prefer to do in a situation where you have a client who is wanting to sell his home but does not want to move out until they buy their next home? Do you list first or...
Which deal would you do and why? Ok 3 options we have:Deal A: package deal with 2 houses (2/1 and 1/1) plus a vacant lot asking 140k. Smaller town. Needs about $15k in mostly cosmetic updates but livable now and could...
I've already made up my mind. I have 2 well qualified applicants. One is a 30-something couple with a baby. The other is a 53yr old woman who used to be an interior decorator. She brought pictures of the house she...
Rent is $750+$50 with pet #1- married couple, she makes $17k per year, he is unemployed. However, they tell me they get an additional $30k annually in August and $900 from a lawsuit, but no documentation to support i...
I am looking at a 4-unit in Kankakee, IL. or an 8-unit in East Chicago, IN. 79K for the 4 unit225K for the 8 unit. As this will be my first multi-unit building, should I invest in the cheaper one? I live about 1 ho...
I am looking at a couple different strategies and would like to get everyone’s perspective on which would be the most beneficial or which one you would pursue. Background – I have purchased and manage two duplexe...