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I recently did a rehab on my personal residence. Instead of selling, I will refinance, get cash out to pay off the refi and put myself in a zero debt position (except for the mortgage) to allow easier lending on inves...
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Found a 4BR/2BA on MLS for $136,000.
Principal & Interest: $557
Taxes: $94
Homeowners Insurance: $55
MONTHLY HOA: 30
Only rents in the area are 3BR/2BA for 1350-1450
I will go with 1450 market rent.
Home needs c...
I think I did this wrong, I should have calculated it as a BRRRR. Nonetheless, I walked the property, and, in my opinion, the rehab numbers are solid. This is available from a local wholesaler. Buyer pays all closing ...
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Is 4-plex considered commercial property? Can FHA loan be applied for owner-occupied 4-plex?
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My parents are retired and own 2 properties in culver city CA, in west los angeles area. One is a single family appraised at 1.3 million the other a duplex that was valued at around 1.1 million. They put a 1st mortga...
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We are looking to do a live in flip in our current market. Here's the strategy: Purchase the home, live in until we move, place tenants, after 2 years, sell the property. The home is a 2/1 listed a 90k, I believe we...
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Hey guys,
I own a small (for now) property management company and am starting to actively search for new clients. I'm currently in the process of automating my direct mail campaigns with a VA, a local minimum-wage w...
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Hi All
I am new to this website and looking for help. I am interested in the real estate business but not familiar with the field at all.
My original thought was to do the whole "flip" thing....not sure how that work...
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I have a single family home in colorado that was recently remodeled with the thought it would be my long term home. I have since moved out and have gone back and forth on keeping it as a rental or selling and cashing...
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Hello all, new investor here! I am working on rehabbing some smaller cottages in northern Michigan, the plan is to put them all on the STR market once they are complete. It seems to me sites like AirDNA and other rev...