Darshil Parikh
PLEASE HELP ME ANALYZE A DEAL
I have come across a property - new construction, 4 beds, 2.5 baths $285K. With 25% down, 3.5% interest rate, 30 year term - my monthly mortgage including taxes ($500) insurance ($60) and HOA ($35) is around $1,500. P...
Stefan K.
Free (luckily!) Lessons At a Tax Deed Sale
My business partner and I attended one of the local county tax deed sales last month in Florida. We had 3 properties we were interested in, all mobile homes on their own land. I wouldn't say things went well in t...
Adam Amato
Start in state or state in the state we will be moving to
Hello,
My fiancé and I looking to invest in a small multifamily, most likely a duplex, in either the Milwaukee area or the Houston/Huntsville area. She will be starting her grad program Houston after we get married h...
Preston Quinn
Would you buy at 1 1/2% rule in a non appreciating market?
Hello guys, I have an opportunity to buy a (what I think) fairly decent deal in a market that I could about bet on not appreciating much if any at all over the next 10 years. Here are the numbers. My question is, shou...
Rick Howell
Potential Pitfalls to Closing the Deal (and How to Avoid Them)
If you have ever been through the process of closing a real estate deal, you know it’s a long process. From agreeing on a purchase price with the seller to securing financing with your lender, there are a lot of movin...
Rick Howell
Potential Pitfalls to Closing the Deal (and How to Avoid Them)
If you have ever been through the process of closing a real estate deal, you know it’s a long process. From agreeing on a purchase price with the seller to securing financing with your lender, there are a lot of movin...
Harry Campbell
How to Handle Small Cosmetic Issues
I have a tenant 1.5 years into a 2 year lease. So far so good, had a few issues came up but handled them and everything has been fine.He recently brought up two issues with me though and I'm not sure exactly how to h...
Jay Voorhees
What is the optimal down payment? Hint: It's less than you think
All too many homebuyers mistakenly believe that they need to put down as much as humanly possible for several reasons: (1) they want to minimize their housing payment; (2) they want to minimize their debt load; and (3...
Ilya Z.
How do I (re)negotiate prices with GC to exclude materials?
We're in the middle of our rehab project. The GC, who's doing some of the work with his crew and outsourcing the rest, gave us labor+material prices for individual parts of the project (roof, kitchen, baths, deck etc)...
Cesar Jimenez
Lender Declined Loan due to Zoning
Hello everyone. I am in desperate need of some help. My girlfriend and I are in the middle of purchasing first home/investment property in North Brunswick , NJ. It is a 2-unit multi-family with a finished basement th...