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I have an opportunity to buy a (technically) rural 15acre property with a very old home under market value. We are allowed/planning to build another house on the property within the next 5 years. My question is how t...
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Hi there, I was recently interested in investing in a ten unit complex, and the lender I was working me with quoted me @8.5 percent. Also, I’ve watched the SFH market go into the 6-7.5 percent rates.however, when I wa...
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Thanks to bigger pocket, I got a personal loan from bigger pocket network. However, I am not sure how to handle personal loan in house purchase. 1.Should I ask for a preapproval letter and attach the letter to my con...
I'm in the process of buying a duplex and a single family home in MS. They're both already being rented and have been for almost 3 years. I live in a pretty low income area so most rental amounts are around $500-$60...
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Hello Everyone! I hope this is the right place to ask this question. I rent a friends home (lives out of town) and she is going to sell the home. She asked if I would show the home and if I close it without a realtor ...
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I have a duplex that generates $2800 a month total. My expenses are $1800 total a month. I have a loan of $270,000 at 4% for 30 years. I am trying to figure out my ROI and if it makes sense to hold on or to sell. And ...
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Hello, I have some beginner questions about the BRRRR strategy.
Here is what I know about BRRRR.
Buy: We put some down payment and buy a house with mortgage. Renovate: We renovate the house if necessary.
Rent:...
Four tenants pay the total rent. It was set up ( NOT by me) for them to pay 1/4 of the rent each ( which I thought is ridiculous. I would have set it up for one of the tenants represents the others and pays the total ...
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Hi. I’d be grateful for some insight on a current purchase. Im planning for 200k Hard costs on a $1.5 ppTeam/Planning/Construction
I want to avoid having to acquire permits as much as possible to transform a 2 fam to...
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How do you guys feel about a brand new Wholesaler taking on a partially burnt property?What would be some key resources to use during this process ?