David Kramer
My First Long Distance Purchase
Investment Info:
Single-family residence buy & hold investment in Grand Rapids.
Purchase price: $131,500
Cash invested: $41,000
We found this house on the MLS and are able to rent it for $1325. I...
Patrick Amaral
First Investment - Roslindale Townhouse
Investment Info:
Single-family residence buy & hold investment in Roslindale.
Purchase price: $290,000
Cash invested: $25,000
3 Bedroom 2.5 Bathrooms townhouse with approx. 1750 sqft located in a...
Andrew Propst
7 Reasons to Hold Your Real Estate Investments
Many real estate investors start thinking about selling investment properties when real estate fundamentals are strong and markets are hot. And during such times, there seems to be no shortage of real estate agents ...
John Jacobs
Are these good commercial loan terms?
Hi all,I am trying to buy my first property. It is an out of state investment property owned by a bank. It is a multifamily dwelling that had poor management and needs to be turned around.Here are the terms being offe...
Tereal Wilsonn
VA streamline and using 2nd tier entitlement
greetings everyoneVA streamline and using 2nd tier entitlement, im thinking of doing a va streamline refi on my duplex, then purchase a 4 plex, is there a length of time i have to wait to make these 2 transaction. or ...
Henry Chen
Seeking advice: contingencies removed, buyer won't close in CA
I'm in a situation that's slightly more complicated than the average sale and need some advice. I'm in escrow to sell a duplex in Pasadena, CA. Included in the sale is a set of approved building plans for a 5 unit c...
Ally H.
RESPA and VA Loan
Hi fellow BPers! We have some questions for those who are familiar with the VA loan for active duty military.We went through a mortgage broker and locked in our interest rate and lender's credit last month with a Rate...
Jaskanwal Preet Singh Chhabra
Permitting/Refinancing/Insurance with coliving model in Austin Tx
Hello, I am an investor in Austin, Tx and currently focusing on a coliving/padsplit model. I am looking at a few 4 bed 2.5 bath no HOA properties in pflugerville that I would like to convert into to 8 bed 3 bath prope...
Hugh Thomas
How does FNMA price the homes they sell???
Hi there, I posted this elsewhere, but I see that in this forum people have more experience with REO purchases. I am looking at a FNMA owned home, and may put an offer for it. Problem is, I am not sure what they expec...
Babu Ramadoss
Why should we do 30 yr when compared to a 15-yr mortgage ?
Hi
I understand that people advice higher Cash ROIs to evaluate a rental (investment) property so that you will have cashflow. However, I am wondering why is it not a good option to go for short-term loan so that...