I was recently on the phone with my CPA. When he found out I was on the cusp of purchasing my first investment property he flipped out. Have you ever seen an introverted, analytic-type personality get emotional? It wa...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $67,500
Cash invested: $85,000
Duplex purchase direct from Owner.
What made you interested in inve...
I am taking my first step into buying my first property and I am planning on buying a duplex - the cost is $135,000 and I currently have $30,000 saved as a down payment. I am pre-approved for a conventional loan. My...
Hi all! I recently put a long-term rental property under contract in Casper, Wyoming. It is a duplex that is already rented. I intended to finance the downpayment of this deal with a capital partner providing an inter...
People who are willing to invest in a business are generally upbeat, optimistic and excited by new possibilities. All this positivity can make one a little reckless. It is important to remain level headed when looki...
hello,
I want to know for the first time homebuyers on this forum if what systems or formulas did you use to come to your decision to purchasing your first property. Trying to help my fiancee build confidence and un...
I just want to say hello and that it has been too long. I am now officially a real estate investor as of Feb 27, 2016. I bought my first property, a buy and hold townhouse, here in Colorado Springs. I then began the p...
Hey Everyone, I'm a newbie and a first time poster. I really want to take advantage of getting an FHA loan, but I want to househack. My issue is that I have a large family ... there's 7 of us. Any ideas on the types o...
Hi all, I am considering a property built in 1924, 2 story, 2,614 Sq. Ft.I would be updating it where necessary, adding a bedroom and bathroom, and converting the garage. Anything I should be particularly wary of from...
I want to purchase a multi family. Seller wants to sell. But I don't have the money for a loan