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You have two homes that are rented at 1,000 and 1,050 a month with 2 year leases.
No mortgages on either home.
Both houses were purchased and renovated
One Is worth 135k wIth about 30k equity.
One Is worth 130k wIth a...
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Hello,
A little backstory on my situation. I inherited a fully paid off single family rental property in 2019. At that time, we decided to leave it as is and continue to rent to the long term tenant. He passed last m...
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My goal is to buy a house hack when I move next year back to my hometown after finishing dental school. I want to start my real estate investing journey by house hacking. I did two calculations for a 4-plex and a dupl...
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I have opportunity to purchase a single family 3BR 1.5 BA 1610 Living area with a tenant already their paying $900 per month. The asking price is $65,000 for the property. I have a banker that will do a 100 percent fi...
I have recently found a note for sale where the payor and payee are working together to try and sell their second (private) mortgage. Both are aware that the note would be discounted if sold, so the payor is willing t...
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Am I missing something?? Are deals just being considered based on per door price now? Hello all, I am struggling to analyze multifamily deals in my area. The cap rates seem to be inconsistent and not aligning with...
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So my wife and I originally bought our house with the intent to rent it out after living in it for 2 years. We are around that 2 year mark and trying to look for another house to move into but want to make sure that o...
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When it comes to Cash Vs Leveraging with a lender the question is a great convo and great topic.After i buy a say a duplex 130k cash and its worth 158k can i refinance and pull all my money out with out fixing it up...
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Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
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My cousins are looking for their first home They saw a home they really like. It's 3bd 2 1/2 bath 1770 sqft built 1975 and the seller asking price is $480K. We talked with the seller agent they said there are 2 offers...