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Hello everyone!I have a subject to deal that I am able to get $0 down and just taking over payments. The property is worth about $45,000 and has a mortgage of $43,000. So there's no equity in this property. That's of ...
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Hey all,I would greatly appreciate it if anyone could let me know if the home I recently purchased will end up biting me in the butt!So here's some backstory: I recently closed on a twinhome (just one side) for a tota...
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Hi everyone,
I'm just getting started on purchasing my first property (see my previous post for more on my situation). I'm looking to invest in long-term rentals in the Metro Detroit area, and I just got in contact w...
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Hello everyone. My name is Steven and I reside in Southwest Louisiana. I am in the beginning stages of getting into the the process, strategies, etc., of entering the rental property ownership world and getting into...
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Is the 1% Rule simply calculated as: Monthly Rental Income / Home Purchase Price?
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First commercial property, looking for input for development.
I offer the following as back ground and would ask for your input.
Energy booms create many types of opportunities, and after working in three, Alaska, W...
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I am a managing member of family rental LLC which owns 4 properties in the northwest ohio area. We currently operate the portfolio at an 8.5% cap and have moderate cash flow. The current market that we are in has li...
Hello all, our Second Mtg. (Heloc) lender sold our home at Trustee's Sale in April. Winner had no idea he was bidding on the Heloc lien, and now has title to the home, SUBJECT TO the First Mtg.We bought a nice home p...
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What are some averages for the percentages it takes to buy and sell a house?
Just trying to make sure I'm not over/under estimating profit margins.
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Total newb here, looking for some feedback from seasoned investors. I'm looking to invest remotely in sfrs or small multi-family properties. I've been reading everything I can get my hands on about buying my first pro...