Quick context for me: I'm 28 and purchased my first home (multifamily) in early 2021. The rehab of one unit was very costly, but I've ended up with a homerun with my interest rate and my current equity value. Since th...
Man, I wish this was all easier on me. haha I imagine in the future it will be. But I'm supposed to meet the seller today to sign a contract on 12 units. It's been a long road as they are FSBO, so all negotiations hav...
There is talk on the internet about terrorists being the cause of the housing market today. I can see where that would be the cause if you go back to 9/11. I remember we did not get an order in at the appraisal offi...
Evening, I am in the process of acquiring a short to mid term rental in the somewhat local vacation/ tourist destinations in my region. I want to utilize either a 2nd home type product or investment property product. ...
I have found a deal that I am trying to get funded by hard money/private money. I have an investment strategy and multiple exit strategies along with a lot of equity in my primary that I'm willing to use as collateral...
Hello, I currently have a portfolio of 7 properties (mixed SFHs, duplex, triplex, quad), owned free and clear, each held by separate LLCs (formed Jan 2016). The problem I am running into is that most of the tradition...
I have owned an apartment complex for about a year now. Apprehensively, I let one of the inherited tenants sign a 12-month lease. He has been very cranky during the renovations, to say the least. He seemed to change h...
I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
I will try to keep this brief.
I have 100% equity in a single-family rental outside of Detroit Michigan. I am in the process of doing a cash out refi. The house appraised for a little more than what I expected. The ...
Seeking to provide more aid to troubled borrowers, House lawmakers on Wednesday advanced legislation that would enable homeowners to shrink their mortgages in bankruptcy court.
http://www.fool.com/news/associated-pre...