Steven Bonfante
First deal evaluation: 4 plex and house hacking
Hi, we need some help on evaluating our first deal.We found a 4 plex that we want to house hack. Here are the specifics:Asking: $335K (will offer full price based on the market)3 BR - $12001 BR - $7502 BR - Our hack...
Ross Bernard
Using Gift Money as Down Payment
I am trying to buy a SFH investment property, but have hit a major snag. I have $35,000 for a down payment but it was a gift from my parents. Lenders are telling me gift money cannot be used as a down payment for inve...
Justin S.
Oak Cabinets
Several homes I see I have honey oak cabinets that are outdated. Instead of replacing them, what else are doing? Refacing, staining darker, painting? Please share your secrets for making oak look good again.
Thanks
Bram Spiero
What's the catch, buy and hold in Charlotte
Hi, I'm completely new at this and trying to learn how to analyze deals.Ideally I'd like to make my first deal in the next 6 months.I'm basically trying to get my feet wet, go through the entire process so that I unde...
Cheryl Butler
My Dilemma
Okay, I’m just starting out in this whole real-estate investing venture, Needless to say, I don' have a clue as to what I'm doing. I'm giving myself a goal of 30 day to generate some sort of income. Of course, my cr...
Justine Johnson
Timber value in LTV
Will private/hard money lenders include timber value in the LTV when making a decision?
Erin Elam
Possible first deal??? Advice please!! Land contracts?? No equity...
Hello BP,So I made an offer to a seller on CL about a month ago - it has been listed for quite a while. He ended up telling me there is still a mortgage on the home and told me the amount. I told him I wouldn't be in ...
Dustin Barr
Need help on how to structure a deal
I currently have 6 SFH as investment properties. I have been approached by a real estate agent that has a client want to get rid of 4 duplexes and 3 SFH's. Doing drive bys all look to be in great neighborhoods and in ...
Sam Leon
items that do not belong in a disposer?
anyone has a list?I need to tape this list on the kitchen wall.I have a tenant that thinks garbage disposer is for small garbage and the trash can is for big garbage.I am tired of having to clear clogs where the kitch...
Al Phillips
5 unit apartment question on financing
I am considering buying a 5 unit apartment building. What should I expect to pay (interest rate) on a 71% commercial loan to a bank and a seller carryback 2nd mortgage to the seller. The seller is willing to take a ...