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Hi,I am the Vice President of a Condo Home Owner Assoc. and also own a condo in the building of 24 condos, which I rent out. The building is a Historic building on the National Register built in 1912. We have had n...
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Investors are always asking the same question. Why is there such a wide range of CAP RATES for Multis in Worcester? Some Properties are selling for as much as a 12 CAP and others are listed at prices that are close ...
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Hello Everyone,I have a home free in clear and i was recently trying to get a HELOC. The bank denied me because of Debt to income Ratio. My house is worth way over 400K, what would be the best way to approach this? Th...
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Hi all,I'm in the process of buying my first home with the intent of turning it into rental property after a few updates. The entire process has been a new experience and now I'm deciding which lender to choose from. ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Belton.
Purchase price: $156,520
Cash invested: $41,985
Contributors:
Lee Ripma
New roof installed at clos...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $165,000
Cash invested: $44,000
This duplex has a lot of history with me. My aunt and uncle have owned this ...
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Our HOA board does not provide any narrative to the financials, the minutes only state that the treasure gave a report. There is nothing printed in the minutes as to the condition of the HOA. The own...
I have a dilemma. I am working with an agent at the moment but all activity is coming from me. I am finding properties, doing research, and she is arranging them to be viewed. She does not know the market very well...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fayetteville.
Purchase price: $100,000
Cash invested: $35,000
This property is a quadplex in Fayetteville, NC that we clos...
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Built in 20012 duplexes - 1,650 sq ft each4 br / 4 bathCap rate - 6.1%NOI - $43,000Asking price - $700,000