Giovanni Benitez
NEW YORK MARKET : CONDO VS HOUSE?
Hi all looking to get advise on what I should do. I live in the New york area and was planning on buying a house asap. I currently out of a lease and have the following options: Continue Renting, House hunt or Condo S...
Lawrence Hsieh
IRR, CoC w/ Pref Calculation
I'm curious if anyone can walk through the calculations on IRR and CoC when an annualized pref rate is part of the deal.On a standard deal is the CoC usually the annualized pref amount so it's counted as just cash flo...
Don Parent
Getting financing to buy a lot and build a duplex
Hey guys my wife works for a real estate agent and he has a plot of land for sale that we could potentially buy for like 5,000 and then my wife and I were thinking about buying it and then building a multi family unit...
Peter Pratti
Ongoing 6 Unit Property
Investment Info:
Large multi-family (5+ units) buy & hold investment in Knoxville.
Purchase price: $275,000
Cash invested: $90,000
We purchased this 6 unit property when the rents totaled $3,350 ...
Shane Maynard
New member from Lexington Kentucky
Great to be here, looking forward to learning a lot and getting started in Real Estate. Setting up in Lexington Kentucky.
Gonzalo Escobar
High line amount personal lines of credit?
I am looking to lower my utilization as a way to give my credit score a big boost. I decided to replace a 30yr mortgage at 5% on my 4-flat with a HELOC at 3%. Unfortunately though while i am saving a ton in interest i...
Justin Owens
Fix and flip vs buy and hold.
Specifically at what price are you looking for compared to Comps? I would assume Fix and Flips need more equity in them at purchase than buy and hold (rent) but maybe I am off. I have seen posts that say this property...
Ryan Santiago
Seaside Heights, NJ Cashflow
Greetings all,I am just arriving to NJ and am looking to purchase a property in Seaside Heights. I am Interested to hear how well property owners in the area cash-flowed in the past couple years. Did you do annual, or...
Tina Jenkins
Mixed Use Residential & Commercial Building For Sale
Investment Info:
Small multi-family (2-4 units) commercial investment investment in Grand Rapids.
Purchase price: $120,000
Cash invested: $400,000
Sale price: $300,000
5,000 SQFT 2 Story Historic...
Jonathan Polanski
I have money and credit. but no income
Hey guys I got about 250k in my bank account. I only made about 8k this year, I started my job in may (in the middle of the year) its 100% commission based, and my credit score is in the low 700's. I spoke to a lender...