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Just as a quick summary, I'm looking at a 2 unit property that is listed for $59,900. Each unit has 2 beds and 1 bath for a total of $1100 in rental income per month ($600 for lower unit and $500 for upper unit). The ...
Are other people having issues with getting their money from this company? I have a tenant that pays biweekly and her payment normally would have appeared in my account on Wednesday. I emailed them to see where it was...
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I have a 8-plex under contract For $60k, the estimated rehab will be another $40kThe way the contract is currently written - is for $40k down and the seller will carry $20k over 3 years allowing interest only payments...
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Hey everyone I am working on purchasing a portfolio of Single Family Homes in Memphis and would like to know if anyone has a Portfolio Lender that they can recommend. Thanks
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https://www.bloomberg.com/news/articles/2018-07-26...Just read this article and found it interesting. Up front, it states:The U.S. housing market -- particularly in cutthroat areas like Seattle, Silicon Valley and Aus...
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Hi all, I purchased a duplex in July and gave both sides notice to vacate. They both vacated Aug 1st. My question is since it was already in service on the day I took ownership, can I expense the costs to fix it up? I...
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Hi All,
This is my first time trying to bid on a HUD property.
I just started watching it a few weeks ago when my realtor told me a prior contract fell through (it was vandalized during the inspection period so the ...
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Hola friends,Hypothetical: I buy a house in Syracuse for cash and then need to finance the flip. (Don’t fight the hypothetical, that’s the situation)In trying to finance the flip, which will cost between $40-$50k, th...
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As we have all been very aware, lumber prices have been on a tare higher since bottoming out in April 2020. This has been impacting everything from new construction, to rehab projects and even quoted as being justific...
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Hey everyone- I am closing on a property next week and will be purchasing the property/ making renovations using hard money. I've talked to a number of banks that require either 6 months or 12 months of seasoning. Are...