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I recently purchased a property in the Warrendale neighborhood of Detroit, Michigan about a year ago. The property currently has a tenant who is paying below market rent at $850 per month. While the tenant had a good ...
Hi there! I've had a question on my mind lately about how to organize an equal, two person partnership. My significant other and I are interested in purchasing our first buy-and-hold rental property this year. We are ...
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Hi All,I am looking to make my first real estate purchase - a two flat with a non-conforming attic - which I anticipate to be financed by a 203k FHA loan. Ideally, I will re-zone the non-conforming unit so I can live ...
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I would like to know about refinancing a Hard Money Loan on a buy and hold property. My questions are:1. If I put a down payment on the hard money loan, do I have to have a down payment for a refinancing?2. Can I ...
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I understand the concept of hard money loans, but I'm currently navigating the process of applying for one myself. The lender plans to finance 80% of the purchase price and 100% of the renovations for my property, whi...
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I live in Missouri, and am looking to dabble in real estate. In Missouri, they sell tax lien certificates. So, when you buy the tax lien, you do not own the property. There is a 1 year redemption period where the o...
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Hi BP. This is my first post, looking forward to hearing the thoughts of those who are more skilled than me. I know this question has been asked a million times with a million different scenarios. I’m thinking of purc...
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Hey guys,I saw a house on auction.com. I want to bid on it so I call my real estate broker to help me but she said the seller doesn't pay a Co-op so she cant help me. I'm going to have to do this on my own. I going to...
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Can I purchase a property using a traditional mortgage without being physically present for any part of the process? A relative who does long-distance real estate investing told me that I have to sign the final loan d...
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After several years of contemplating real estate investing, I finally closed on my first rental property! It's a 4/3, 2065 sq ft SFH built in 2011. Wells Fargo foreclosed on the owner and sold it in an online auction ...