Karl McGarvey
First Property - Short Term Rental - Galveston TX
Investment Info:
Other buy & hold investment in Galveston.
Purchase price: $127,000
Cash invested: $36,000
Contributors:
Holly Kaufman
500sqft 1Bd/1Bath Beach Front Condominium. S...
Dara Diallo
Is it a good deal or not?? Please help
Hi guys, I am new to wholesaling and am very close to getting my first house under contract. Got a call from a bandit sign that I put out by a bank owned property. The house is in a great condition and just needs a li...
Manmath D.
MHU boot camp and study materials, worth it ?
I’m new to REI and while reading here came across MHP investing. While combing thru this MB forum posts I came across several folks recommending going to Mobile Home University to learn more about this investment. Whi...
Scott Dardenelle
Military first home turned rental
Investment Info:
Single-family residence buy & hold investment in Mechanicsville.
Purchase price: $389,000
We bought our first home in southern Maryland while my wife was stationed at JB Andrews. We...
Kenneth LaVoie
Cap improvements vs. operating expenses
A quick newbie question here!
After much great feedback from you and some hand holding from a couple of experienced, generous mentors in my town, I'm in the process of making offers. I have one expenses question tho...
Mo Muigai
Appraisal value WAY below accepted offer by $40k
How do I handle it? Accepted price $40k over appraisal value, was to close in a week. What do I do?This is a personal residence property to house hack...
Cullum Stirling
First investment property SOLD!
Investment Info:
Single-family residence other investment in Nashville.
Purchase price: $225,000
Cash invested: $25,000
Sale price: $330,000
My first home, purchased as my first major investme...
Jason Kim
To sell or rent: Analysis paralysis
My home is approximately at $390k-400k. My 30 year mortgage is at a balance of 240k and loan started in 2017. Bought the place for 270k via an FHA 5% down. I have made no extra payments since the mortgage. Now, I am c...
Matthew Ormsby
Newbie in Bountiful, Utah, looking for 1-4 unit building to start
My name is Matt Ormsby, I'm an attorney in Bountiful, Utah. I almost bought a 4-plex 12 years ago and chickened out at the last minute. I've regretted it ever since. Now I'm realizing retirement might not happen if I ...
Justin B.
Lender informs me of new Fannie Mae rule requiring minimum appraisal value???
So I am in the middle of purchasing my second rental property. I am getting a loan through a local bank. My lender just asked me if the property being purchased will appraise for at least $75k. She told me, "Fannie Ma...