Gina Dobbs
House Hacking in Albuquerque
I'm trying to buy a 4 plex, and live in one of the units.The problem is that the rents are currently too low for the apartments to cash flow with all four units, and the rents would just barely cover the mortgage if I...
Kiersten Vogt
Septic Inspections? Do you do them or waive ALL contingencies?
We're putting a cash offer in on a property. It's a property that needs some work and we'll be living in it and then doing a cash out refinance to purchase another investment property. It has a septic system and has b...
Bradley Shuhart
How much negative cash flow is too much
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Josh Reed
How to buy Estate houses in Package Deal.
There are about five houses about to post to MLS from an estate per one of my Realtors. They are going to be sold separately at what I can imagine won’t be a good deal. I think together they have potential as the co...
Justin Escajeda
Cannot Complete a MOBILE Home Park Deal
In the last year, I have been avidly trying to buy a mobile home park, I have had 2 (out of the maybe 40 that Ive spoke with owners) that were making progress. One, the seller and I came to an agreement on price, and...
Luke Morris Tamney
Skipping the inspection?
Hello,
My wife and I are buying our first property. As the market leans so heavily in the sellers favor at the moment, my agent has advised me that skipping the inspection might be the make or break issue to make th...
Kenley Law
Buying my first property without contingencies in Milpitas
My wife and I just moved to San Jose and we are trying to buy our first primary residence in Milpitas, to start a family. We earn a bit more than $225K combined and we only have about $120K in cash. Therefore, we are ...
Robert B.
100% as Earnest Money Deposit
Hi,I just put a cash offer on a foreclosure that was listed last night. It's a good deal and I'm first in line. However, the seller countered my offer demanding 100% earnest money deposit.Is that normal...?Thanks,Robert
Nick Brubaker
Should I get a mortgage on the rental I own outright?
Dear wise real estate investors,I am small time. Just own one rental property (outright), which is worth about $160k. I am wondering if I should take out a mortgage on it. Here are my considerations:I will be leavi...
Emilia Marchetti
Do the numbers looks good for this rental in Portland Oregon?
Hello, I have been offered an off market deal for a very nice SFH in the very hot Alberta district for $500k with 25% percent down at a 4.5% interest rate. It is rented out for $2800 a month with a 1 year lease. Not ...