Skip to cliff notes for shorten version, numbers, and main question if you don't feel like reading a long post. I have made an offer, and am meeting the owner of an off market deal on a 5 unit of four 1/1's and a 2/1....
So, I've come across 2-1- rate buydowns a few times recently. I understand the general concept of it don't really understand the mechanics of how it works. I was hoping someone could explain how you work this into a c...
Politics is in no way nor will it EVER be my favorite topic. Normally I toss out those flyers from the mail or use them as disposable dust pans. Yet its a necessity particularly as a business owner and a homeowner,...
So I know this sounds crazy and almost impossible right? So my bank (Navy Federal- a credit union) has conventional loans to where you can put down 3% and still have 0 PMI. It’s crazy. The downfall is that I don’t see...
Hi everyone,This will be my first rental property that I am looking at purchasing in Grande Prairie, Alberta. I am considering this property because it has dropped 40-50k in the passed year and these types of homes a...
For those of you that BRRR older homes (say built around 1900 or earlier )...what do you do about the plumbing and electricity? Do you update everything at a huge cost? Or just hope it lasts another 30+ years?!
Hello! Thank in advance to anyone that has some advice on helping find qualified tenants. This year is my first year has a landlord, and I now have 4 properties. The first two, a townhome and a single family, rente...
I obtained an FHA loan for 240k at 5% with PMI back in April 2009. In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in...
I wanted to start investing in multi-unit properties(5+), and before I jump in, I need to understand the basic math behind this type of investment.I want to try with classic strategy of buying a value-add property, wh...