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I'm looking at a 9-plex for $650,000. Current income (with very below market rents) is $52,188 after expenses it is $38,855. I would put down 20% and get a commercial loan at 4.5% amortized to 25 years with a ten ye...
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I am looking forward to the great advice here on this site. I have been a GC for the past 14 years and its time to step up and do what I intended to do from the start. I have a lot to learn, I know that is for sure....
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I've recently found a potential opportunity to purchase 3 duplexes on 5 acres for $275,000. All homes are in good condition with long term tenants. The rents seem low all six units are renting out for $600 a month. Th...
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As a Famous Rapper sings, "Started from the bottom.." Im currently at the bottom but thats not holding me back. Min wage job, on welfare, kid and no car. Its not going to stop me from going to the top. I just passed m...
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Does maxing out my 401k negatively impact my ability to borrow from the bank? I.E does it reduce my income and therefore throw off my debt to income ratio or does the bank give me credit for those funds knowing I coul...
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I have been doing due diligence on 8-10 different funds and as soon as I narrow down my list I see new ones pop up that look intriguing. My primary short term goal is cashflow - so Ideally something that pays 12-15% ...
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Hello, I'm Greg and I moved to East Texas around 11 years ago from the Northeast. My goal is to soon buy a duplex as part of my future retirement income, eventually I'd like to own maybe 10 rental units. At age 50, I ...
Hello all,This is my first time posting on a blog so bear with me. Mainly I’m just looking for some second opinions from some individuals who have been in my current life situation or similar to. I would appreciate an...
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I have something of a theoretical question. My current strategy has been to invest for cashflow, and to these aims I have purchased a triplex in my hometown of Spokane and am under contract for my first SFH in Indiana...
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It's time for another Las Vegas update. For a more comprehensive look at the Las Vegas investment market, feel free to DM me for a link to our blog. There, you'll find detailed information on investing—both in general...