Hi all. First time MF investor. 18 units, (6 duplex 2 tri), $810k purchase price, $120k cash down payment, cashflow after all expense and reserve and project note payment is $1600 per month.Bank to finance $690k. O...
Hey y'all
Quick question
I just acquired a half acre property with a SFR on it.
It’s located in Redlands California I have gone to the city and spoken to the planning department and, I seem to meet all the criter...
Interested in building a Real Estate business.Initially working in the Cape Coral area of Florida.Looking at starting with "Joe Crumps push button system" as a CRM.Welcome all advice as a newbie.
I bought a SF home in Lake Worth, Florida using a line of credit. I am attempting to mortgage the property to pay off the line of credit so that I can pursue other deals. The amount needed is only about $130,000 an...
It seems a troublesome tenant has decided to move out. But her mother and mothers boyfriend has moved in. I am reasonably happy to be rid of the original tenant. She always difficult. However, now I have two people wh...
Hey everyone new member from Fairfax VA. I currently have 1 investment property a 1 bed condo cash flowing $250 a month. I am looking to get my second property soon. I am very interested in mobile home parks and would...
We've never flipped a house. But we can see the writing on the wall for the future of downtown waco tx. The magnolia market is booming to say the least. We've found a couple of homes within walking distance of the si...
Hello, I'm not real familiar with the mortgage process. Someone put in an offer for a 2-flat I'm selling with about 1% earnest money and a mortgage contingency that says he has 2 months to fully qualify for a mortgage...
do you think this roof needs complete tear off and replacement ? this is the scope of work. the dimension of the roof is roughly 45X151) Tear-off all layers of roofing and gravel down to wood decking and legally dispo...
Hello,Is it normal for seller to asked for 5% escrow down, and 10 days to get financing on the subject property? We have an agreed price for an 18 duplexes at $900k, we put in the agreement escrow of $20,000. My quest...