Troy Zimmerman
Rental appraised too high :) - - No more 75% LTV?
Hey guys,I'm working with a new lender here in SC. I bought a rental for 237 and have about 260 in after renovations. I expected the appraisal to come back in the 290 range. It just came back at 320! I'm thrilled ...
Glenn Willeford
Duplex Analysis
Long time reader but it is time to get the feet wet. Asking $95500 for a duplex that was gutted and rehabbed about three years ago. Everything new except the roof.Unit 1: 1 Bedroom/1 Bath, rent is a combination of sec...
Adam Nesheim
Off market lending, Conventional Bank loan or Hard Money?
Hello all!My wife and I are looking to purchase our first SFH in Billings, MT. We know the market pretty well, and know of a house that is not listed on the MLS. The owners of the house are looking to size up due to t...
Christopher DeAraujo
One house water meter vs unit specific
Starting to work on a 4 unit property, set up as two duplexes; two units to the left, 1st and second floor and the same to the right. Each unit has its own entrance/exit in addition to the common egress. This has pot...
Jeff G.
How to structure 2-3 property deal
I was originally going to do a cash deal to seller (private mortgage from family member) for a property through a Realtor. Then I found out the seller has several property's and is selling them one at a time. I am ...
Aaron Chittum
Help me analyze this out-of-state deal!
This is my first deal. It's a package deal that includes a duplex and a tri-plex, 5 units total. It's out-of-state but it's an area I'm familiar with. Management is a must. Thank you in advance!!
Cameron Ellis
Newbie: Finding Financing
How's it going BP?
Im having trouble finding anyone that will finance me, I'm a 19yr old college student, fair credit 650+, 3yrs on my current job, never missed a payment on any of my credit lines, paid my first v...
Jason Young
Owner Financing
I'm looking to get into the biz with as little initial cash outlay as possible. I've located a 5 unit MF property with great overall numbers (on paper), and the listing indicates that owner financing is an option. U...
N/A N/A
An investor for an investor
My stepfather and I were recently talking about how well we've both done in real estate over the last couple years and how we'd like to get involved in a rehab or two. It seems like a match made in heaven, because he ...
Account Closed
What is Sweat Equity Taxation in Real Estate?
Sweat Equity Taxation in Real Estate Investing:
Real estate investment is a time-tested method for wealth creation and financial stability. While many investors use cash to purchase properties, others opt for a diffe...