Hello all,First and foremost, thank you to everyone who has given so much knowledge the last few years as I dipped my toes into real estate. I have been a long time reader absorbing everything I can. I hope to contr...
I'm a real estate investment newbie living in Los Angeles. I currently rent my primary residence to film crews which pretty much covers my mortgage. I've paid off about 50% of my home and have around $400k in equity...
Last year news was announced that Foxconn plans to build a large plant in Racine County, WI. My initial thought was that housing prices and rents should continue to rise nearby to accommodate the future workforce and...
To anyone who might have experience with this,
Facts:
1. I have a fully executed contract to purchase a bank-owned commercial office condo for all cash, closing next Friday. (Roughly 2-week closing peri...
I have a aggressive goal to reach five rental properties fairly quickly. Other than saving a lot of money for down payments what are my options? Hard money lenders, heloc? Looking for clever ways to raise capital for ...
I am looking to purchase an apartment complex in Los Angeles. Target price being around 1 million. Most properties I’ve seen are in bad neighborhoods. Mostly east Los Angeles or Crenshaw area. Wondering if this is a s...
Hello,A partner and I are going into a multi-family building together but need money for the 20% down payment. What is customary for this? Would that cash partner receive 50% and my other partner and I split the other...
What happens with taxes and insurance in a "subject to" purchase? I assume the lender mostly doesn't care who the house belongs to, as long as the mortgage is being paid? What about the escrowing of taxes (new rate) a...
I love reading posts on here but rarely have cause to write, hoping to enlist some of the excellent experience out there!I've got a 15 unit apartment complex in central Indiana. Currently have it on a 3 year carry w t...
Hey all,I live in a western suburb of Chicago and I have a neighbor who just passed away and her son is looking to sell the house asap. He agreed to let me walk the property and make him an offer before he puts it on ...