Hai Le
Section 8 Investing
Hello all! I currently own two rentals in upstate NY and I’ve recently moved to FL. I’ve got a decent amount of money that I want to start investing into section 8 rentals in Florida/Out of state doing DSCR loans. No...
Victor Yang
Taking a small loss to save on taxes?
Hello all,I am looking to buy an apartment building. Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing...
Andrew Tucker
Fraudulent sellers disclosure
The seller lied on a sellers disclosure regarding water in the basement which resulted in toxic mold exposure and huge health issues for my family. We viewed and purchased the property while it was winterized. The bas...
Eric Bate
Sellers are having trouble getting their renters out. What to do?
I'm set to close on my first property on the 20th. It'll be a house hack duplex in St Paul, MN. Just a few hours ago my realtor called me to say there was a problem: the renters want to stay. It seems that the sell...
Christopher Pearson
Would building two houses simultaneously possibly affect price?
I have a property in Farmingdale, NY that has been subdivided. I am planning on demo existing house and building two new houses next to each other. I am considering building both houses simultaneously to lower buildin...
Kumar Gaurav
Brand new SFH Vs Older SFH
Hello,I had an interesting debate with a friend of mine although I am not an expert in this area I think older SFH have a potential for value add and one can force appreciation but he is of the opinion that investing ...
Sergio P Ramos
New construction for rental property?
Because of interest rates in my local town ( houston tx) . I'm able to get a low interest rate in New construction build (4%). Anyone have suggestions experience or thoughts they could share on this. Thank you in adv...
Account Closed
Possible first deal!!! Tampa
Just sent the info over to my family friend Agent to get more info on the area and market.House is listed for 39k.House is in bad shape, so buying lower is definitely a must.2 bedroom 1 bath. 872 sq on a 5,000 sq foot...
Samuel Lacroix
Need validation on my financing set up.
I just want to make sure my math and thought process is right about this.I'm currently looking into a 335k projet that need 75k (cashdown, legal fees, some repair, etc). I would buy with my father. I pour 30k cash and...
William Ellis
Hypothetical Scenario
My wife and I are looking to start building a portfolio of rental properties and really are just trying to get a handle on the whole process at the moment. I was wondering if I gave a possible scenario if I could get ...