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I completed and sold my first flip just over a month ago. I made way less than I was hoping, but learned so much! Wanted to share...PROPERTY: The old, single-family house built in 1910 was located in a desirable area...
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I frequently see discussions on here surrounding single tenant retail tenants such as Walgreens, Dollar General, Family Dollar etc. As a CMBS lender, I often see single tenant retail projects come across my desk as th...
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I can buy direct from an owner a 3 family at 155K. Here are the rents, $800, $750, $550. All rents without utilities. Taxes $350 per month. Estimate on insurance $150 per month. Not sure about maintenance, snow, lawn...
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Hi everyone, I wanted to get some advice from everyone.
I recently bought a property in Chicago and I inherited the tenant. The house is a section 8 house and the tenant has been there for 6 years. She is a 65 year ...
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Hello there. I'm a stereotypical millennial professional: still leaching off the parents by living at home. I am very interested in house hacking. And like many am considering a 3.5-5% FHA loan for a two or three fami...
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As you all know, wall street is moving in on our turf. Thought I'd share my plan to stay alive:
1. Convert multi-family to single family dwellings. In my particular region there exists a large double (up/down) hous...
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I own a SF investment home that appreciated in value quite a bit. My current return on equity is quite low so I want to cash out and invest into a bigger property with much better ROE using 1031 exchange. The problem ...
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I've located a 4-plex (150k 700/month per unit) that's long distance and I'm trying to find some help getting it financed. My wife and I have zero debt, 100k cash but no job at the moment as we sold our house and move...
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If I'm applying for a mortgage, will a bank give me part cash and part finance? In other words, as an example, I'd like to buy a property for $70k (finance) and put $30k (cash) into rehab. Is this something that banks...
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Hey yall!Richard here from Dallas (Grapevine). Just want to share a quick story for some encouragement and maybe get the wheels spinning for you on some out of the box real estate thinking. A few years ago I traded ho...