I personally own six rental properties in which I pay a total of $3720 in mortgage payments. One property worth 140,000 is paid off in full. I also own a five Plex which I owe 40,000 and is worth 300,000. My question ...
Hi, I am new to the forum and looking to acquire my first STR investment for a 845sq ft resort condo with direct access to the ocean (no direct views from the condo). Coming off of the recent market high and significa...
I was talking to someone and she said if a company receives any EIDL loan they cannot purchase any fixed assets during the time you have the loan outstanding. Should this be true, what happens to people who have the l...
For the short sales guys around, I was wondering if you'd be willing to share some examples of the best hardship letters that you've seen, or those that have proven to be effective.
I know a lot of people are interes...
Hello!!I am trying to analyze multiple properties each day. My goal is to house hack next year (buying a multifamily, living in one unit while the tenant pay the mortgage). I use the 50% rule to analyze properties and...
Looking at a 2 unit 3BD, 1BA, full shared basement that can be sectioned off for secure storage, 2 car garage, separate utilities that I am looking to owner occupy. It's a HUD property in which they are giving $30...
I made my first million buying pre-foreclosures using Subto. Yes, it can be done, yes it is a bit risky. Yes, you need money.
There is going to be a flood of foreclosures coming, "eventually". I've heard a couple of ...
Can you really live off of cashflow from rental properties ...example property at 123 main st is a 4 plex and its 100 percent occupied with tenants paying equally 750 so it generates 36K a yr but when you factor in mo...
I am doing a walkthrough of this property tomorrow. I will be using the VA Rehab loan. Im sitting here running the numbers both for rental property and the BRRRR method. The rental portion looks pretty good but when I...
Hey all.I'm taking an online course on Udemy, and we've arrived to the attached spreadsheet.I can't understand how did he get to the loan payment amount, and the leveraged net cash flow.Could you please help me out an...