Chicago landlords be sure to raise your rents in 2024 spring season. You will be surprised how high they are going. Redfin showed 2.35% month over month Jan to feb and feb to march data is not released yet. We have ac...
i have a commercial property that I'm considering unloading. Equity position currently 70%. Would like to 1031 into a multifamily in Orange County. I've done the math and if I go into a property with a 4% cap keep...
When acquiring multiple rent houses, would it be a smart technique to start combining the cash flow from all of your rentals to pay off one and then after your first rental is paid off you start funneling that cash f...
Hi All,
First-time poster here. I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property. I’ve approached a local bank in Upstate New York offering a 30-year loan with a 10% down payment...
I'll detail more about the project below but wanted to lead with my goals in posting.TLDR; Interested in links, advise, discussion, warnings, etc for proactively anticipating the next steps involved in planning, desi...
So after a recent call w our amazing accountant he said something that hit me hard. he said after 40 years w his clients he's observed that its easy to get into real estate investing and much harder to exit real esta...
My husband and I acquired a rental property in 2023 with hard money with the intention of rehabbing the home and renting out the 3 units, refinancing and paying back this short term loan.
Unfortunately the ARV we ...
Hi everyone, New to RE investing and I need all the advise for how, what, when and where of financing. Mortgage broker vs Lender. What to look for, what to ask? How to choose them? Do I pick only one or pick more ...
Location: Boise Idaho Market
Current Pay-off: 348k (does not include the 77k HELOC below)
HELOC: Owed 77k (with a 9.74% variable interest rate)
Current Monthly Payment (Including Taxes and Insurance): $2411
Term a...
Investment Info:
Large multi-family (5+ units) wholesale investment in New Smyrna Beach.
Purchase price: $1,900,000
Cash invested: $10,000
Sale price: $2,100,000
A 2-month multi-family wholesale ...