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I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...
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Hi!Looking to see other's input on this deal in brandon, FL. The property is in a great location, just 20 min from downtown tampa and just over 1 hr from disney /east orlando. This will be our first investment propert...
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Hello All-My wife and I have rentals in Ohio but she is from Louisiana and the area tugs at her heart so we are looking for multifamily in the area. We do have a family friend born and raised in NOLA that can be our b...
Does this appear to be a good deal? The blurb says the property is always rented.
List price 94000 price per sq '=$79.06
9.54 gross rents multiplier
.09 cap rate
list price $94000
average rent 775
Gross Sched Rent...
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So as the title says I am looking at a great property with long term tenants already in place so the property is truly turnkey and the price is right. However I have a suspicion that the property may still be fully kn...
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I'm purchasing a home all cash. In OH the seller gets to pick the title company and they cover the fees including title insurance from my understanding. I'm sending a large sum and want to be cautious. This is my firs...
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Hi, I have been reading up on real estate and listening to podcasts for about a year now and think it's time to take the first step towards real estate investing. I am moving to Corpus Christi in February and am work...
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Hey everyone, Looking at purchasing my first 4plex, a few details. i am already approved for the financing and while i would rather not put as much down as i am (25%) but its what needs to be done to get the loan at t...
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Would it make sense to take some of the money from a loan when financing a new property a create a reserve for cap ex, turn over, etc? When designing my model I planned to build up a reserve over time from the cash fl...
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I own an office building (I used to practice in it but have since sold the practice and the new owner is leasing the building from me) with a NNN lease. I believe my lease says I pay for the roof and parking lot. He ...