Hi All,There seems to be 3 common approaches to financing rental properties:1- Buy in cash. Hold in cash. Debt is bad. 2- Buy with the absolute minimum necessary out of pocket for the longest possible term.3- Somewher...
A house for us to live in turned headache, turned into a $105k flip.So my wife and I bought a house, 3BD 2BA with an attached studio, in Aptos, CA in June 2015. Purchase price $678,000 ($28k over asking), we got a $5,...
We were interested in some land to build a vacation home. We found the land we wanted on the MLS asked a seller if they were interested in seller financing. We already have two other rental properties and cant get ano...
5th week and Sheriff has still not gotten to my eviction case number. Anyone know how to speed them up?Also, property was vacated a couple of days ago. The tenant and squatter gave me the keys back by dropping them ...
I understand that for OBX rentals, oceanfront is critical for maximizing revenue. My question is whether or not there are other optimizing factors, such as number of bedrooms. Is 6 or 7 the minimum to have access to t...
I’m relatively new in this game and have started contemplating growth and what that may require regarding leverage/risk.
I focus exclusively on remodels and new spec builds in the~Nashville area.
2 questions I ha...
Glenn Beck does a pretty good job of breaking it down.
http://www.foxnews.com/search-results/m/22236423/sweet-deal.htm
anyone have any opinions?
Best, Lee
Purchase Price: $30kDown Payment: 20% or $6kMortgage Amount: $24kAPR: 5.5%Term: 15 yearsRepairs: $8kARV: $40k-ishRent: $700QUESTION: How much should I pay down this loan right off the bat with a 1.99% HELOC of $30k?I ...
I'm looking for creative suggestions on how to be the winning offer on a townhouse for my kid, next to ASU. There's a newer A/C, roof, and water heater, so it basically just needs paint, carpet, etc. I plan on holding...
Hello!So, long story short, I have a desired location that I would like to purchase my first 4-plex.Absolutely nothing is popping up on the MLS. I understand that the market is rough right now and I need to be patient...