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Hi, So here's what is going on: I am working with a seller who has a home in an equity position but needs to sell the home very soon. The problem is that the seller would rather let it go and lose the equity than allo...
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I'm about ready to sell my last rental, a duplex. After selling this property i'll be armed with about 240k in cash to go out and find a DEAL on another property.
I told myself the next property I buy I would not pay...
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I found a property that I like (purchased to rent or possibly live in). It is being foreclosed on and will be auctioned at the local courthouse. I purchased a title report and have been combing through the county reco...
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I am a new investor looking to get a multi-unit for long term rental. I live in Chicago's North Side so that is where I have limited my search as I understand the neighborhoods better. Whenever I calculate coc, the ve...
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Looking at purchasing rental property(s) in a Phoenix neighborhood. Everything about the neighborhood is great, except the stray cat problem. There is a cat colony there, not just one house, throughout the small nei...
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Ok so I think I finally found an ok deal to get my feet wet. Here are the numbers:
Purchase price: $71,000.
Monthly gross rents using conservative rental rates for the area (potential, currently vacant): $1600.
Rehab...
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Hello all, I've been saving up for a few months because I'd like to start flipping houses. I have roughly $10,000 and I'm looking for ideas on how to get started flipping houses in my local market. I understand thi...
hello new (first message) hope i'm posting in the correct place, apologies if not.So here's my situation...I'm 35 (only child/no kids, renter, total debt 60K -primary student loans, good job in tech) I have small fami...
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Good morning all! I'm new to real estate investing, although it is something that I have been considering for years. I'm looking for my first investment property to get my feet wet and hopefully learn and grow a suc...
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Hi all, If I have a 90k 2nd mortgage note on a property worth about 600k which the first mortgage is 340k, leaving enough equity on the house. What is the best exit strategy? A bit background, I did a flip...