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I have to either refinance or sell a duplex in the next 6 months as part of divorce proceedings. Currently, it is rented under market value, grossing $2700/mo total , with a monthly mortgage payment of $1561, and me p...
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Hello everyone, for once I actually have more good deals on my plate than I can actually finance.I feel safe doing 2 because I like to have a solid amount of money to deal with unexpected items like furnaces or water ...
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So my current situation is:$480 a month for rent plus $60 in utilitiesI just analyzed a deal and am curious if this makes sense or if I am missing something:Here is the deal and the numbers:Offer would be $185,000, FH...
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I'm looking into a 4-plex that has a coin laundry room. I was analyzing the deal, and I was wondering how to estimate how much monthly income would a laundry room bring in for a 4-unit multifamily property. How do you...
I am starting to read up on real estate investment and quickly realized that investing close to where I stay(California) is not possible as 1% rule does not really apply here. So I have been reading up on out of state...
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@Jay Hinrichs I just recently listened to your podcast #222, and I must admit I've been weary to post a new thread... But following your advice, I've mustered up the courage to post my first question. To someone who ...
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Hi All,
I'm looking for a little bit of insight. Is anyone on here familiar with the Belleville market? I'm looking to invest in preferably a small multi family or SFH if the numbers make sense.
I was searching on ...
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Hey everyone, My wife and I have possible found our first investment. We wanted to see what everyone's thought were about it.Here are our numbers duplexmedium good neighborhoodProperty Price- $152,000rent income - $...
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Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?
Example : I take 50k out on a personal line...
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Hi all - wanted to get feedback on a particular deal, would really appreciate any input as I would be a first time purchaser. Details below, numbers are approximate:
+ Asking Price: > ~$400,000
+ Re...