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We just found out we qualified for a 15 year refi @4 % on a 2 unit property (it's actually 3 units but it's on the records as 2). The monthly payment would be almost exactly what the rents bring in. So any repairs, an...
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I'm have trouble finding a leader to finance me for properties under 100k for long term rentals
Any Recommendation?
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Hi,I am looking for some tax guidance on my first ground up construction. In this scenario, say I acquired the property for $1M and the city tax assessor has it documented that my land is worth 900k and the building i...
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Hi, I am looking at investing in Ohio, single family home rentals. In particular, the area of Lima and its surrounding area. One scenario floated across to me are homes in the 25-30K range with rentals around 300-40...
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We are debating this question. If you had to choose one, would you rather:A. Add a couple units to existing properties. Let's say each additional unit costs $25,000 (building into an existing structure like convert...
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Hey guys currently in escrow for a 4 unit apartment that will cash-flow. What are your opinions on putting as "little skin in the game" and getting better ROI, but smaller cash flow because mortgage payment will be h...
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Property is $179,000 for a 5 Bedroom Multi-Family home. They said the total income is $2075 for rents ( Based on a site) $2075 * 50% Rule = $1037.5 20% of 179,000 is 143,200 @ 4% interest Rate makes the Mortgage $683....
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Hey all, Like many folks here I've been interested in RE investing for a long long time. I've have read many books, listened to many podcasts, and read many posts on this forum and still do so, but I sat on the sid...
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I am in talks with an owner who has 8 lots in Wichita Falls. They are in the country but in city limits they have separate water, electric meters and city sewer. These lots are individually platted and have their own ...
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In a market that has quickly appreciated over the past three years, I am looking to obtain cash flow properties. If I run the numbers on an income-property and the cash flow is acceptable as well as the long term ROI,...