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Greetings all.We about to close (currently in the due diligence) deal of 20 SFR at the Metro Atlanta.We have a bank loan for this deal of 70% LTV.Here is our #'s , What do you think? have we missed something?Property ...
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Hi bp,So I am looking for some clarity on how a certain type of partnership works financially. I'm not sure what the term is for it- but its basically the equivalent of a parent co-signing on their childs car. The par...
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Hi there community,I've decided I want to invest in real estate and am learning.I'll be visiting Phoenix/Scottsdale in about a month for a week and would love to meet up with anyone out there and walk some properties....
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Hello,I submitted an offer on a 3b/2.5ba, 1990sq ft duplex style townhome (single unit, not both) in western Washington and my offer was accepted at $427k. With a $60/mo HOA(external maintenance not included with the ...
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Hi, I’ve read elsewhere (still looking for link) where FICO treats HELOC amounts > $35K more favorably than lesser amounts. IIRC, this has to do with calculating how the HELOC amount factors into your debt service...
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I work for a property management company with about ~350 residential and commercial units in Norfolk, NE. We have a select few tenants who refuse to set up the utilities in their name, but have been reimbursing us for...
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Good Evening BP! So I was spending my time reaching out to multiple individuals in my area for networking purposes. I got a message that I may be banned for "spamming" I am indeed not a spammer or advertising for any ...
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Hello all!My condo building HOA has a rule about 51% of the building needing to be owner occupied, leaving only 49% to be renter occupied. This is managed by the Board of Directors with the HOA- other homeowners withi...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $219,200
Cash invested: $12,000
Sale price: $222,500
I purchased this multi-family (3) residential prope...
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Hello all:I am currently looking into a second rental investment and was wondering if anyone can throw in their two cents about the pros and cons about buying a condo for a rental. Firsthand experience or not, any inf...