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Results (10000)
Dominick C. Collateral vs Down Payment
16 January 2020 | 2 replies

Looking to invest in my 2nd rental property using collateral (my first building) to cover my downpayment.
This commercial property to purchase, as was the first. So 25% is needed.
Short overview: Property is 200k, d...

N/A N/A How accurate are city appraisals?
13 July 2007 | 3 replies

I just found the local government recorder/fiscal office and have been looking up the properties we are eyeing...The state has the property we are most interested in appraised at 70,000. The owner is selling it at 95...

Rohan J. Things to worry about when getting an ARM?
15 May 2017 | 2 replies

I may be getting my first ARM soon (8/1 ARM on 30-year amortization, rates between 6-8%) to fund a quadplex, as it is currently my only option for financing this.

What are some of the pros and cons of using an ARM i...

Meghan McCallum Got my feet wet w Auctions.com
16 October 2015 | 1 reply

So, I already own a few properties but, this is day three of me considering myself a FULL TIME Real Estate Investor (and three day member here). I have been analyzing and looking for deals and I entered the dark scary...

Jean T. Need advice on lease option buyer who wants lower payment
10 February 2010 | 2 replies

I have a pending dilemma that I'm hoping someone on BP can help me with.

I have a lease option buyer (married couple) who was due to exercise their option in a couple of months. Just got a call from them stating that...

Lee Kang First home buyer - 2bed/1.5bath single family home in IL
11 February 2021 | 0 replies

Hi Everyone, hope everyone is staying safe and staying warm! I am holding my counter offer for the property as follow.

Location: IL Northwest Suburb (Barrington High 220 district)
Type: Single Family House (2car g...

John Nalley Selling Home Charlotte NC
26 November 2019 | 2 replies

We’ve built up some decent equity in our home and are about to close on a new one shortly. I was hoping to tap into that equity but our house has been on the market for about 35 days now with less action than I’d hope...

Michael McCabe Multiple Refinance Pros and Cons?
4 February 2022 | 2 replies

Hi guys! I’m currently beginning the rehab portion of my BRRRR deal. Just for some quick details; we purchased the deal for $180k with an expected rehab of $262k and an expected ARV between 475-550k and a monthly rent...

Ben M. Tax question on rental properties
28 March 2018 | 4 replies

Since we are taxed on our income from rental properties, how does one usually prepare for this? Let's say if the tenant is paying $1200/month how much of that would be taxed and how does one budget for that? Do other ...

Mat Daussan SFH vs Apartment cash flows
1 February 2012 | 1 reply

Hi all,
I recently read the following article about how the US government is planning to market a ton of foreclosed homes as rentals and noticed the following comment in the article:
"Single-family home rentals can y...