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I am sure there is a something I am missing but it seems to me that no builders are constructing small multi family anymore! Here in Houston there are HUGE apartments going up everywhere but they are all Class A and o...
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Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
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Much knowledge being dropped by the top tier investors and savy beginners on here.Much respect. As a an upcoming real estate agent in Houston, Texas, does anyone know the ins and outs of wholesaling while being licens...
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Does anyone currently invest in Columbus GA? I was sent the financials on a 30+ unit apartment community which appears to have some good upside apart from cashflowing if purchased as-is. All units are 2/2, 1000 sqft a...
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Hello spec home builders,I was wondering if you could review my breakdown of a potential deal I was looking at. It involves purchasing a piece of land to build a spec house. Let me know if I'm missing something in m...
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Tenant lives in a 2bed/1bath apartment. She was given two weeks to clean the place. She removed a lot of stuff, but this is the end result.She is very nice, pays like clockwork, communicates well, and never fusses. Wo...
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When acquiring a property, is there any benefit to taking out less leverage on a property? Let's say you finance only 50% versus 70% of the acquisition price.
Why would anyone pay for a property with all cash or more...
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ST. LOUIS, Jan. 6, 2016 /PRNewswire-USNewswire/ -- The following is a statement by Frank Rolfe:The PBS News Hour recently ran a segment titled "Bad Bargain? Manufactured Homeowners Feel the Financial Strain", as a par...
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I've recently been pre-approved for an FHA mortgage. Right now I am looking for a foreclosed or vacant multi to fix in the city of Albany, NY using the 203K product as well as city grants and then refinance (aka the B...
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Does anybody have experience taking out an FHA loan? If so, could you please describe the process of getting it (i.e. requirements/screening process). Also, how has it treated you? By that I mean, would you prefer thi...