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Here's the breakdown of the deal:9 unit multi-family in B area. Purchase Price: $450KFinancing: 25% Down, 3.25% 5 year ARM, 15 year amortizedAmortized monthly payment: 2371 ($28,452/yr)Additional Interest Payment*: 26...
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What does a great real estate agent do for an investor? What are the top 5 qualities for a real estate agent/broker to have in order to be of irreplaceable value to an investor?
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Was looking at buying a four triplex complex (12 units total). First meeting with bank and was told 25% down at minimum would be required and 5.5% would be best interest rate on the rest. Just want to check to see i...
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This year I jumped feet first into my first deal. I purchased a portfolio from a local investor. They are 5 buildings that have 15 doors. They were turnkey and already fully occupied. They cash flow, but I put all o...
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Military member, Looks like I will be going to Charleston, SC next since my wife has orders there(Dual Military) Looking at using the VA Loan for a 200-220k House putting 10% down for a 15 yr fixed rate loan. Good ide...
Q&A - Deal Breakdown: FREE 23-Unit via BRRRR Strategy - Courthouse Capital InvestmentsHello all, I thought I'd provide everyone with an update on our most recent deal and how if all goes according to plan, we'll h...
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For those of you that own properties out of state, or that are relatively inaccessible to your primary residence, how do you deal with repairs and maintenance? Do you typically use your property manager for a major...
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Hi,My long-term tenant is currently on an annual lease in an age restricted subdivision. She's been asking for a long multi-year lease.She's a very good tenant, but I'm not comfortable locking in for more than a year...
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Hi All,I am deciding on washing machine with built in coin box or washing machine connected to coin timers.My concern was if the coinbox attached if the timer get over before the machine completes or if tenants put ex...
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Hello everyone! I am about to pull the trigger on an 8 unit multi family building in Delavan WI. The property is located in an area that is appreciating and growing rapidly. This will be my first commercial multi fami...