Hello All,I have been dabbling in real estate investing for a few years, but have not grown at the rate I would like, mainly because I work out of the country. I currently have 3 houses; 1 owned free and clear, 2nd wi...
Hoping to get some help with an issue regarding access to a neighboring property in DC. We have basically completed the permit process to begin rehabbing a row home in DC. In order to complete the rehab we need to ext...
Hello!I am in process of looking into a cash out refi of my primary. I am sharing the closing cost estimates for feedback on this offering? Is $12k in total closing costs high? The basic breakdown I see is $5,084 in l...
Hi all, I am currently searching for a 4 unit to buy and owner occupy using an FHA 3.5% down loan. There is nothing in my market that is desirable to me, so I did an off market mailing campaign to all 3/4 unit owners ...
Good morning! I've located the first multi family property I would like to purchase. The property has 6 mobile homes and one 2-family home. I can purchase the home at a 20% discount of the value, and I have $20,000 t...
Hi BP!
JC again, thank you all for the help so far.
ANYWAYS here is the scoop, should I trust this Lender?
LOAN DETAILS AND MONTHLY PAYMENT OVERVIEW
LOAN DETAILS...
I have been saving up for my first real estate deal. I have read a multitude of books and steadily soak up info from podcasts. I have enough knowledge about what I'm looking for to take that initial fear out of my fir...
I'm pretty sure this is a good deal - my offer was accepted, but I still have an inspection that needs to pass.
Duplex (side by side, 1,600 sq ft each side)
Purchase Price: $19,000
20% down - $3,800
Mortgage on $15,...
Hi everybody, it is a good idea to enroll my closing cost into my loan??
Any Sugestion
Correct me in I’m wrong cash flow is calculated through NOI minus the Mortgage (NOI-Mortgage=CF)And ROI is calculated by dividing CF by the down payment (CF:DP=ROI)Is all of the above true?