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HelloI am about to complete the construction of 2 new duplexes in the DFW area with a $1.5M construction loan. Latest appraisal for the 4 units came back at $750k per unit or $3M total and my estimate for renting it i...
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Hello All,
I am looking into purchasing my first investment property in a C+ / B- neighborhood in Richmond, VA. In addition to checking income, employment verification, criminal background and the tenant’s rental hi...
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Does anyone have any good resources for determining the best method for structuring a deal to purchase a single family house. I have a decent understanding of flipping, wholesaling, lease option, sub2. But looking f...
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Does anyone have insight into how an investor can assume a seller's existing low-interest loan? Or is that only allowed for first-time home buyers and/or non-investors? With interest rates so high, I'm looking for cr...
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
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I would like to get opinions to help me determine my best financial options.I am 59 and last year was forced into retirement and also got divorced. My settlement was a single family home I purchased for $295,000 in t...
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Between my brother (who is my partner) and myself, we've bought at least 40 properties (residential and several commercial properties) at our local sheriff's auction over the last 10 years. As is common with a lot ...
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Hi everyone,I'm posting looking for advice, and to hopefully help educate future home-buyers!So I just closed on a great deal in Philadelphia. A triplex in a hot area at a HUGE discount due to the fact that there is a...