Eric Finn
1st property under contract
I have my first investment property under contract. It is in a South suburb of Chicago. Purchase price of $73500 with 20% down. It is a 3 bed 1 bath house.Needs a new roof and some minor repairs. Approximately $8000. ...
Jarrett Thornton
3 Year Fixed, 5 Year Fixed or Variable?
I am purchasing two rental homes as a package and we are wrapping the note with the existing bank. $80k Purchase Price. 10% down and the owner is holding the note on the other 10%.Bank has agreed to refi in 90 days - ...
Jarrett Thornton
What would you advise?
I am purchasing two rental homes as a package and we are wrapping the note with the existing bank.$80k Purchase Price. 10% down and the owner is holding the note on the other 10%.Bank has agreed to refi in 90 days - 6...
Jarrett Thornton
Deal Analysis: What would you advise?
I am purchasing two rental homes as a package and we are wrapping the note with the existing bank.$80k Purchase Price. 10% down and the owner is holding the note on the other 10%.Bank has agreed to refi in 90 days - 6...
Account Closed
How Serious are you about MONEY?
Say you can make $60,000 or more on a deal after tax and you have the opportunity to save $40,000 in tax or more if your earnings are higher ...Which would you prefer to do: Close Your Eyes and Pretend it is not po...
Joshua Rowland
Which number does the mortgage lenders look at (DTI)? *noob ques*
Hey guys, I believe for self-employee income the mortgage lenders use your net-income to qualify you for your DTI? Which number would this be on the screenshot below?
Demjan Van Der Kach
Historical rental property performance (buy and hold)
Hello All! I would like to "learn real estate math"... :) and would appreciate some advice regarding historical performance of the rental in terms of good metrics (cap rate, cash on cash, IRR et cetera, before and aft...
Jay Miller
Looking for big deals.
Particularly looking for multiplexes 10+ units, have financing and potentially cash for down (can flip other properties)particularly looking for places that are rented at below market rents - which is common from Tria...
Joel Okaah
First Flip Completed
Investment Info:
Single-family residence fix & flip investment in La Vergne.
Purchase price: $160,770
Cash invested: $68,000
Sale price: $301,000
This was my first deal that I accidentally fe...
Sean Mills
Rental Properties at the Centre of new CRA tactic
https://www.cbc.ca/news/politics/tax-evasion-proce...For those Canadian investors on here the CRA is now using a new tactic to go after tax evasion. The case mentioned is specific to rental properties owned within a ...