Jack Perfett
My First Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $320,000
Cash invested: $34,155
Finances of deal:
Down Payment: $11,200
Closing Costs: $19,456
Repair Costs...
Jack Perfett
My First Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $320,000
Cash invested: $34,155
Finances of deal:
Down Payment: $11,200
Closing Costs: $19,456
Repair Costs:...
Jack Perfett
My First Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $320,000
Cash invested: $34,155
Finances of deal:
Down Payment: $11,200
Closing Costs: $19,456
Repair Costs:...
Christopher Winkler
What Do You Do When The Rehab Costs What The House Is Worth?
We foreclosed on a note on a 2/1 SFR that ended up coming with renters. They did not want to buy it, so we finally had a chance to see inside and the house is a mess. Needs everything, foundation bad, so floors are bo...
Roderick Giles
Better To Pay Cash or Finance?
Can someone please help me to understand the pros and cons. Buy a home for $55k cash that cash flows or finance 2 homes for $110k total that cash flows and pay the $30k 20% down payment?
Chase Carter
Our First Offer Got Us Our First Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $375,000
Cash invested: $47,000
Sale price: $400,000
We bought a turn key ready home in the lower Moonridge sec...
Account Closed
Stock Market returns
Scott W.
Not to sidetrack to a stock market discussion, sure if you go back 80 years the number is correct. But my investment horizon is much less. In any 10 year period the return can be negative as well. Also I thi...
Michael Jablon
Under Contract/Current Inspection/Project Issue
Hello, I am currently under contract for a 3-unit multi family that contains one 2-unit building with a total of 1,000 square feet and a stand-alone building with 1-unit. The 2-unit building is in great shape, newer r...
Jack Synesael
Applying for a Home Equity Loan on a rental - PLEASE HELP!!
Hello BP!
I currently have 3 properties in the Raleigh/Durham area - 1 primary, 2 rentals. I am looking to pull some equity out of the rentals to fund another investment. From the research that I have done, most lend...
Joe Rivers
Big tax increase on multi family property.
Hello all,Here is the situation:Our town just increased taxes on commercial properties significantly. $5,500 more per year on a 16 unit property. The property contains four buildings all with 4 units. Townhouse style ...