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Hi I am selling a 2nd lien PN,My buyer has said this: "No more than 65% LTV with a 2 -1 ratio on the two liens"Can someone plz translate that into layman's language? What does he mean?Thanks
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Hello everyone, I have recently come across a package of properties for sale by owner. There is a 4 unit and 2 duplexes. The asking price is $120,000. The gross rent is $4200. He is wanting to owner finance them. He w...
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Great day to all and God bless! My parent's property is located in a great area of Nassau County, New York. I just found out from an architect that the land has enough square footage (properly zoned) to build (2) sing...
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I was wondering if any of my fellow BPers would care to share their strategy for accumulating cash reserves. Like many on this board I get a ton of deal flow and it is hard to manage purchasing new projects, business...
Investment Info:
Condo buy & hold investment.
Purchase price: $179,000
Cash invested: $17,900
2-3 bed, 2 full bath 1st floor unit, attached private 1-car garage + 2 outside spaces. Central heat/a...
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Just had some long term tenants leave. There is a full (24x52) vinyl window (tiled in) in the shower/tub area. The window is 30+ years old, i don't remember who the manufacturer was and the label is probably on the ...
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Hi everyone, I just want to take action this year. Hopefully meet all of you wonderful people. I want to invest in CA. I know it sounds insane but I’m willing to invest in this wonderful place. I’m willing to look int...
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Hi,I have 3 homes and need to find a template/form where I can put in all the original purchase information - or the most current refinancing information and all the current rental income and expenses. All the forms I...
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We r looking for a new home and as the same time I got interested in rental properties and really want to start investment soon. We currently own a townhouse with decent equity (300k). Will need mortgages for both. Wo...
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Recently purchase a property in Peoria but don't want to use a property manager. Thought about using smart access like Showmojo but worry about squatters. I thought about asking my handyman to do showings. Love to ...