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4br/3ba - 2,300 SQFT -- Class A neighborhoodHome value is 640-670k
Original loan was $485,805 at 2.875% interest w/ FHA Loan
Current Loan balance $476,323.69
Current payment $3,078.76 includes PMI
Renting 3 rooms ...
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I'm considering hiring a property manager. And so far, everything the company I'm considering going with sounds good, except they don't do any walkthroughs of the property annually or anytime for that matter. Which is...
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Hello All,My family and I recently purchased and renovated a house in Birmingham, Al using the Fannie Mae Homestyle loan. I have to say this is an amazing loan, and have been very pleased with how smoothly everything ...
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I almost entered my first partnership (my first deal as well) with other investors this month, but did not let the possibility of making money and finally getting started get in the way of my standards...Communicat...
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Hi BPers,I'm getting ready to replace new flooring in an upstairs rental. This house is a triplex and has two units downstairs. Someone mentioned it might be a good time to soundproof the floor. Even though we had car...
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I'm a veteran and have the unique opportunity of not having to pay property taxes on a primary residence of up to $2.5m (in Cook County). I am debating the best way to take advantage of this.The most obvious would be ...
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Apartment owner selling with a 600k gain want to know options to reduce tax liability. Background the apartment is a 26 unit and want to understand my options to reduce tax liability. I would like to get into notes po...
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I wonder if there are any realtors from NJ that are doing wholesale? I am very ambitious, and have been learning real estate investment and I am really eager to get this going. One thing that I just dont seem to get a...
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I sure somebody can help me. My property was built in 1986 on a crawlspace. It's got a 38 gal electric hot water heater (a short one, since the crawl space isn't big enough for the normal size) that just died. I've f...
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I am buying my first apartment building this winter. Any tips on how to do due diligence? I've seen every unit now with a contractor. We went over the exterior and mechanicals too. Should I hire anyone special for ...