I am VERY green when it comes to real estate investing. I am a homeowner (have been for 3 years now) of a house that I paid 122k for. I have the mortgage down to $107k, and plan on paying as much as possible on it t...
Hi - I am thinking about attending a foreclosure auction and the property owner has some Sheriff's judgements against them here in Massachusetts. What type of liens or judgments become the responsibility of the new o...
We are looking to buy our first multi-family investment home in Multnomah County OR. We are finding properties that seem like they would be great but have long time month to month tenants in both units that are paying...
I met with a seller today who said he'd heard of a law that just came out within the last couple of weeks, that protects tenants (from being evicted) when the owner is collecting rent without paying the mortgage.
Now...
I have a good friend who is a GC and investor here in the DC area. Long story short, he’s able to locate offmarket deals and uses private lenders to help fund the rehab costs, in exchange for a percentage of the profi...
My daughter currently has a conventional mortgage on a home in Alabama. She would like to sell her house using a wrap mortgage. Does anyone have any recommendations for a loan originator and loan servicer in Alabama w...
(Price: 100 unit @$4m-$5m PP, @$1m down)
ACCURATE CONSERVATIVE RETURN NUMBERS FOR APARTMENTS:
Income #1)Cash flow:@8%-10% ROI =$6.7k-$8.3k/month =$80k-$100k/year
Income #2)Principal Pay Down: @33% minimum of $3m m...
looking at a property tommrow It's has a mortgage the person is highly motivated if the pay off is out of my range as far as a wholesale deal . I'm considering trying to put together a subject to deal who can help i...
I am considering purchasing a property from an investor that was part of a "bulk purchase". It seems that a handful of investment properties were quit claimed from a bankruptcy trustee to this investor for pennies on...