So recently after reading a lot of threads here I started looking for duplexes and such. I use the 2% rule for how much rent the property should get. When I run the numbers on mortgage etc, I run it off a 20 year note...
I have a potential tenant who I’ve throughly screened and everything looks good. His credit score, background and income are all verified and qualify him for the unit. He wants to pay the first 2 or 3 months up front....
looking for advice. applied for 5th and 6th mortgage from conventional Fannie/freddie compliant lender. been 3 weeks. called and was told should be no problem will have answer for you shortly. that was 1 week ago. no ...
Hello All,
My first post so apologies in advance if this has been discussed earlier. I own a small Real Estate business in the Dallas area named Earth to Moon Realty LLC. Mostly deal in commercial real estate such as...
I pass a house all the time that is a vacant house (starting to fall apart, unkept, notice on window from county, mail piling up, ect.) that would make for an excellent flip in a desirable area. I've been trying to co...
I am looking for an Investor with Experience, maybe in the Houston Area, that has investment experience after the effects of the Hurricane? We are trying to get a feel about if it is a Good Idea or Not, and what kind...
Hi,
I am looking recommendations for financing for rentals in MA.
We are looking at some REOs/s...
Lets brainstorm how can I buy a lets say $500,000 or $480,000 house with only $10,000 and low credit? Located in Los Angeles.The home has 3 bedrooms and 1 bathroom Can a property like that cashflow?can I even afford ...
I was wondering if anyone can tell me a simplified process of how this works? I have excellent credit with money saved up and someone mentioned about buying a house and so forth but we didn't get into it much but afte...
I have many years experience in accounting, bookkeeping, and doing tax returns for personal/small business. However, I do not have any experience when it comes to real estate accounting, which I know can be an entire ...