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So we're about to close on an 8-unit apartment building at $250K, no money down and seller-financed at 6%, 5-year term, 30-year amort. The plan was to fix it up, normalize rents, and refi out with a standard banknote ...
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I've got two vacancies coming up in the next two months and as of right now I don't have any formal written tenant screening criteria. My price range tends to attract a decent number of tenants with bad histories (cri...
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Will the Hot Portland market create a housing bubble in the future ?
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Hey guys, The banks are telling me that they can not loan to me for a personal home because of my Debt to Income is to high for their underwriting. I have been working to build my rental portfolio for the last few yea...
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Hi allI have a commercial rental with a large national dental tenant (they have about 200 clinics nationally). They sent a letter out that is summarized as follows: Due to the forced shutdown, we will not pay rent f...
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Hello guys,I am curious if anyone else has had this experience: I have a property (SFR, 3bd/2bth, 1300sf, recently remodeled) in the Sunol neighborhood of San Jose which rents for about $3,800 per month. Now, if I tak...
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Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
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Hello! My parents and I are new to the AirBNB community. Our first inquiry is a couple who wishes to stay in this single family home for 3 to 6 months for work. This would be our first guests to stay in this home thro...
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On some other threads, there seems to be an underlying debate or difference in philosophy around buy-and-hold investment strategy: In one camp, the goal is to invest in high appreciation areas, even though they are h...