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I closed on my second rental property 6 months ago, a 4 family in the Boston/Worcester/Lowell area in a C neighborhood. 3 units are doing fine, but the fourth unit (inherited tenant) has gone from bad to worse and has...
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Hi Everyone!
This site is way awesome -- beyond compare! I stumbled upon it by accident about a month ago. In just a few days of poking around the forums, I've gleaned a wealth of information.
To introduce myself ...
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I'm structuring an offer for a seller who has indicated he may be open to seller financing.He's an older guy so wants it to be relatively short-term. I think I can make the numbers very attractive for him. Asking pric...
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I really want to start building a relationship with a portfolio lender. I am almost certain that the only option here is to contact a mortgage broker. I have had a difficult time finding one on my own. All of the smal...
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I'm guessing some MD/Baltimore investors saw the Baltimore Sun piece about the City Council seeking to regulate Airbnb rentals for investors. Note that this would in theory not directly affect house hackers, but they ...
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Looking for some feedback on an idea I’ve been considering. I have an older single level 8-plex on .75 acres near downtown phoenix. The existing buildings only occupy the front portion of the lot, leaving about .4 a...
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Hey everyone first of all thanks for always responding to my questions! Very helpful.I have a Long-Term 3 bedroom 1 bath rental in Northaven just north of Memphis. It's a nice little neighborhood and the house is clea...
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In the process of selling some of my less desirable properties and still working on creative financing ideas;
Do you think the following would be of interest to investors.
-ARV - 500k
-Purchase Price - 400k (need...
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I found a home at the right price but needs a total cosmetic makeover. I found out from the realtor that it had been under contract and the inspection revealed in so many words:-there is an underground storage tank (I...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $259,000
Cash invested: $16,000
Live-in Fixer Upper. Currently planned as a long-term hold.
What made you ...