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Sub to question:There's this house that has about 85,000 in equity but its been sitting on the market since August. What I was thinking was offering him $60,000 and taking over his mortgage at 2.9%. Would he have to p...
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*More, not kore. I have a condo (former Primary Residence) that I currently rent to a family member at cost. It has zero cash flow, but over $100K in equity. My new primary residence is paid for in full (thanks to the...
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No money down but going 10-20k under asking price. VA loan. Duplex that we would be occupying one unit . How would I find out how much the investment has in equity and how to raise it? Apprasial ? Raising rent? Help p...
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Here's the skinny. We have an accepted offer on our first investment property! Duplex, $240,000.
How should we pay for it? We have so many options and my head wants to explode. :) We can pay the 25% down payment ...
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Hello all, Can someone please advise me? I started buying rental property for years ago. my first purchase was an owner finance of two properties one being a duplex and the other being a single-family for 15 years. I...
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Hey BP fam,
I’ll try to keep this short and simple. Have a primary home moving out of and analyzing whether to sell or rent. Stats:
-PITI: $1950
-Rent: $2750
-Current Loan Amount: $300K
-Current Value: $475K -$50...
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I know putting your rental properties into an LLC reduces the personal liability of being a landlord. But, is it really necessary if you just own one, two, or even three properties?
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Hi,
I did the four square method last night on my property. Please let me know if this is correct? I might be able to get $1500.00 per month for this property, so lets say $1500.00.
Rental Income = $1500
Vacancy = ...
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I just did my first "different" type deal - my usual deals are cashflow heavy in the best areas I can get them. Typical houses in the suburb type area, then for MFH I have a duplex near college campus, a fourplex in a...
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Hey y’all,
New to investing and just had a few questions.
1. What is the best wait to start building a team so when the time comes I know who to get a hold of?
2. For a BRRRR, do I go to a small bank first and get ...