Thinking about putting an offer on a multifamily deal without using my own cash. Would hold and rent the property. What are some of the financing options I could utilize or is putting 25% down and getting a traditio...
Hi, my name is Michael Fewer and I from the outskirts of Philadelphia, PA. About a year ago is when something about real estate really intrigued me and I wanted to know more. After searching the web for some time I fo...
I am selling a 2 family I had purchased with an FHA mortgage about 4 years ago. I lived in the property for 2 years but now its just an investment property. Am I able to still do a 1031 exchange when I sell it?
Does anyone own properties where the CoC is lower than the cap rate? Numbers below. Thanks Fully occupied 24 unitsGross rental income $213,613Tax $25kInsurance $6,252Water $12kSewer $17kComm. bldg & common area Ga...
We currently have an FHA loan but are moving out of the property after 18 months. Can we get another low downpayment (5%) primary loan on a 4 unit? Thanks.
Hi everyone,I recently began exploring RE investment opportunities in WV. I visted a few prospective houses, and decided older houses with post and beam would be safe investments. All of these older house always need ...
We are just getting started in our REI journey and right now trying to get pre-approved and pick a market. We have $25,000 all in to invest, does that seem like enough? From everything I've read you can get started wi...
Hi all!I am trying to get my foot in the door and I am looking for an area to target in either the Pueblo West/Colorado Springs/Denver area for fix and flips! Is there anything in an area that you look for before expl...
I own and operate a carwash, including land and building. But would like to explore other ways that the land & building can be utilized, may be in the form of office space, etc. Any ideas or feedback would be appr...
Hi BP,Looking to buy the first multifamily in San Diego. House hacking and potentially doing long-term / short-term rental.What's a good area to buy around 700k - 1M with good cash flow? Is there any regulation to pay...