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I got pre approved for an FHA loan and found a 4 unit building in my price range that I would like to house-hack living in one unit and renting out the other three, however due to old wiring that would need replaced m...
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So I just met with my accountant and according to him I made $11,000. in income off 2 properties full year and 1 for 3 months of 2016. After interest, taxes, insurance and depreciation, I am still showing $6,000. I ...
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Hey guys, if you're looking to get into real estate investing but you have no money or little money, no credit, bad credit, not enough tax history, whatever; you can still become involved and start building your renta...
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Hi everyone, I'm new to this site as of yesterday and since joining, I've been reading a lot and loving every minute of it. I am working on establishing a company flipping houses in my area. With that said, I have a...
Good morning! Im hoping for some helpful insight here.. There is a single family residential home that has been vacant for the two years we've lived in the area, beyond that I'm uncertain. There is signage on the hous...
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Hello All, I've seen people say they've wholesaled a deal without physically seeing the property. How do you determine what you will sell the property for?I understand the process of finding ARV and then multiplying t...
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Hi All, I was wondering to get some feedback on what type of maintenance management software (if any) you use and/or if you are satisfied with it.In the past I developed a very small Microsoft Access database that we ...
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Looking at a property, and trying to get the numbers right to be able to purchase. Asking prick is $820k. It's been worked out that with $150k of renovation, ARV would be $1.2mil. I'm told that there are some banks...
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So it's time to celebrate my very hard earned 2nd win. Unlike the first time around, I decided for the 2nd rental I want to look for something that I can purchase with $0 money down. I went ahead and searched for this...
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Hi everyone,I'm interested in Multi-Family apartments in Grand Rapids area. I'm just curious the process of getting a commercial loan when using syndication. Having investors pool their money for the down payment and ...