I was just under contract for a duplex that needed 2 repairs prior to closing that would have cost in the $7500-10,000 range. The first was changing a small electrical sub panel which currently holds 2 fuses to an up ...
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Hi,We put a property under contract today. The seller called us on Thursday, Aug 30 and we scheduled an appointment for the same day to go look at the house. After some negotiating we agreed on a price and told the se...
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I am in a 2 member LLC (husband and I) for which we file a partnership return the K-1 information is then reported on our joint tax return. We would like to sell property that is in the LLC. I have been told to sell a...
Hello everyone: I am 59 years old newbie looking to start investing. I only have $15.000 in savings and I am looking to get a loan from investors to get my first rental property.
I am planing in buying out the state ...
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We are Canadians from Montreal Canada working on a flip in Kansas city. We got a fix and flip loan from Lima One, we dealt with them in for 3 deals. When it came to the signing we were able to have the documents signe...
Simple question. Is it reasonable (or realistic) to want a 10 cap when purchasing a multi family building? Why can't I find those anymore?
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Was wondering about assumable mortgages and if i could use that loan and a VA loan to gain multiple properties.
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My tenant just texted me saying that the glass cracked on the stove in one of my properties from when she was cooking on medium to high heat. The stove is only five years old and I bought a good one. It seems to me th...
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Quick context for me: I'm 28 and purchased my first home (multifamily) in early 2021. The rehab of one unit was very costly, but I've ended up with a homerun with my interest rate and my current equity value. Since th...
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I have a single family home with tenants and lease is expiring April 30.The tenants are planning to move out. I am not sure if they have found a new place yet.They paid first, last and security, so rent for April is ...