I'm in the process of vetting some seller financed deals for my solo401k portfolio. I'm looking at monthly cost to seller vs. anticipated rental income, purchase price relevant to the ARV of the area and interest rate...
Hey Guys, I'm about to close on a Duplex which, will be the first Property I ever own.Just wanted to share it with the community & get your thoughts on the dealPurchase Price: 118,000interest rate: 4.125Estimated ...
Investor community - I've been deal hunting for several months now so far have come up empty, several offers in on properties found on the MLS with no luck. I have an opportunity to buy a house from an acquaintance. ...
Hi, On a Tax Deed property purchased from State of Alabama, if I want the previous owner to redeem do I need to file Ejection Lawsuit prior to his redemption? ?If yes, then within what time frame??Thanks...
Picked up a lease option deal amid COVID. Our rent is $1450 with 5k down on a 3 year term with the option to buy at $215k. Anticipated rent is $1800 with an anticipated cash on cash return of 28%. Will update during l...
This question is open to all, as I am interested to see what adjustments people will make in 2023, especially as pricing will soften and rates will most likely remain above 4% and unemployment will increase?As a note ...
Building a small home with your own 2 hands. Wanted to know if anyone had any knowledge about this. DIY home building. Owner Building through contracting out the work yourself ie being the contractor. I have always wa...
HiWhen I moved to more appropriate home, I rented my previous SFH which is 7 miles away. Facts:-The move happened on Jan 5 , 2013.- I have 265K loan on that home with my net payments $1800pm (Tax+Mortgage+Insurance) a...
We are looking at a live-in flip and want to make sure we're able to write off all the improvement expenses when we sell it. Is it best to have the property in an LLC or our personal names? I wasn't sure if we'd be ...
I am working up to my first fix and flip and practicing using the calculator which asks for closing costs for buyer and seller. How is it usually structured? Would I typically pay closing costs when I buy the proper...