Investment Info:
Single-family residence buy & hold investment.
Purchase price: $11,000
Cash invested: $110,000
Abandoned meat packing building. Total Disaster. Purchased for $11,000 and added va...
I was looking at Foreclosed HUD homes and was wondering, Will Private/Hard Money Lenders provide loans for these Foreclosed homes so that an Investor can then Rehab it and do a Cashout Refi on the property? Is this ev...
Hello BP, I was wondering if you saw rent prices drop during the recession? For example if you buy a property now and in a few years the market drops will we see rent prices follow this trend, will they stay stable or...
How do investors build their property portfolio and pay for new investments when they are busy paying off the mortgages and expenses on their last investments. Like i see some people acquiring 10 units a year and i ju...
Hi folks, I'm trying to determine the ballpark cost per square foot to rehab a house in Wheaton, IL. Specs are as follows:Tri-levelBrick/aluminum siding9 rooms / 3 BR / 1.5 BTHAttached garage converted into a family ...
Alright. So after 2 stressful weeks and hefty losses due to delays from lender we have finally signed the closing docs and wired downpayment to escrow. Literally, the only thing left is for lender to send the wire to ...
My mistake for not inspecting the property beforehand. Paid 12800.based on google mapsThe property is a mess. Need to clean the junk out of house .. hoarder . Bathroom and kitchen need redone. Large tree in back is de...
My husband and I own a rental unit in a condo building in Jacksonville, FL. It is currently rented, and we are bullish on the building and plan to keep the unit in our portfolio.
The problem is...
I was trying to come up with all the fear-fueled terminology that the press has used to describe the current and past incarnations of the economic/housing issues. I'll list a few, but if you can think of others, plea...
Washingon Mutual is in the mid $3 range today after falling over 30% and appears to be on the brink of failure following the collapse of IndyMac.
Anyone else think WaMu is the next big dog to fall?