I am looking to purchase a quad. I have been reading a lot over the past several weeks and put together some of the basics to get an initial analysis. This is by no means comprehensive or a final analysis before I p...
Greetings BP Community,I'm currently on the hunt for a fully renovated rowhome in Federal Hill, a neighborhood that is well established in South Baltimore. My girlfriend and I both work in downtown B'more (we both wa...
I own a condo and cannot determine if I should sell or keep it for future rental income. I currently lose about $25 a month after mortgage, insurance, property taxes and homeowner fees.
Facts:
Purchase price in 200...
Hi all -- looking at a 4-unit property in Glenolden PA. I think its priced too high, so my numbers below work at the price I wish to offer. Let me know your thoughts:Purchase Price: $250,00025% Down PaymentUnits - Fo...
I am looking at a mixed use building development that I was told would qualify for HUD 221 D4 financing. I have seen the pro-forma and it appears that there is no cash down required, but a completed set of constructi...
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
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Hello all, I'm new to real estate to the bigger pockets forum, but have listened to many of the podcasts. I've been doing reading/research on real estate for about a month now and I'm interested in getting some an...
I came across a house in one of my areas. The owners are old, late 80s, and they owe $5600 in property taxes. I would like to offer to pay their taxes and let them live their for free if they signed the house over to ...
Super excited as I am closing on my cash out refi tomorrow.In 2012 I bought a foreclosure in MI for $20k. I put $10k into it and it's renting for $975/mo. I attempted to do my cash out refi last year around this time ...