What does multifamily underwriting look like now given what we know so far of the impact COVID-19?I know there are very few new transactions going under contract right now given the huge amount of uncertainty that sti...
Good afternoon, everybody,I'm working on getting into REI, and right now I am looking at the possibility of purchasing a duplex. The windows in the upper unit (and probably the lower) are original to the house. They s...
Hi All,I just wanted to introduce myself, find out where folks are buying properties, and tell you about a deal I have in the works in Addison Vermont. I am mainly focused on building some capital through wholesaling...
I am evaluating a deal for an REO house 2400sf (4br, 2.5ba) in Seaworld area of San Antonio. Corner side, bricks in four sides floor to roof, large front and back yard and well established neighborhood. The bank initi...
I've sold quite a bit of real estate and never done a 1031 tax deferred exchange. Not because I didn't know about it but because the timing just never seemed right. For instance if I am selling into a rising market th...
Had a few thoughts about using equity to reinvest.
1) Is it a good idea to reinvest equity from one property to purchase another? Generally I see this as getting your money (equity) to work harder.
2) Is there a ...
Hello everyone,I am a newbie and need some advice. I have a cash flowing rental property out of state that needs work done on it. It is an older home with a huge backyard. It needs a lot of minor work but is eventuall...
My Name is Dave Fulkerson. I’m an investor out here in St Louis. I’m looking to get financing for an apartment complex that is currently listed at $925,000. Talked to the agent and we should be able to get it for cl...
First off I know I have done everything wrong. My tenant gave notice on the fourth that should be moving out the following month on the 8th. I explained she had to give me a month notice prior to the 1st. I let he...
I'm looking at a single family house that will rent for $550 per month. House is listed at $25,000. 3 bed 1.5 bath 1300 sq. ft.
If I pay the asking price and get a 30 year fixed @ 7% with 20% down, I'm looking at a...