So we have a REO Fannie Mae under contract for $45k and flipping for $54k. Buyer is under contract and we are doing a double close. Should close in less than 30 days! $9k profit - I find property and partner finds b...

As a new investor in Southern California, I'm on the hunt for a midwest city to invest in where RCR on multifamilies is a little better.  I've been looking in Milwaukee and I keep seeing all these properties that look...

I'm remodelling my 1965 home that has the oh so popular wood wall paneling instead of sheet rock interior walls. I have seen plenty of hones with beautiful hardwood floors that were covered with carpeting as well. Whi...

So, I have a basement that has cracked walls, and there is humidity in the basement.I got quotes from a few different companies. Quotes were in the area of $10-25K to waterproof the basement.But I noticed something a ...

I'm looking for best practices to employ while shopping for mortgage loans for investment properties (small multi-family and SFR).  My standard approach is to pursue 3-4 lenders when applying for a mortgage.  I typica...

I am doing the analysis on this property as a next flip.  Its a great house, the plan would be to purchase it for 60k, ARV would be 120 - 130k, it has a pool in decent shape, finished walkout basement with ceramic til...

Hi all,I manage a group of 36 townhomes, owned by two older couples who are related to one another.  At our last meeting I approached them about the opportunity to purchase the property from them if they ever choose t...

Hi,

even though I really didn't want to, in the end I had to accept a condition of the seller to have adjustable rate on the seller's financing. There is a 4 year balloon, so I just hope that the interest rates won't...

Hi, guys:
I have several questions that I dont get right at the moment. Im doing a bunch of projections and calculations with a variety of scenarios to get confident enough to buy my first deal. With this my question...

As I am getting started in real estate investing, I want to make sure not to be trying to play "catch-up" starting on day one with keeping my books up-to-date. Quickbooks Pro is used in just about every industry; I am...