Need some help on this matter.My sister has a home in Torrance, CA. It's worth around 1.15mil. She has 245k left on mortgage plus around 100k equity loan she used for kids school. Around 18yrs left after last refinanc...
I would appreciate some input on an old 60s bathroom. It is a rental apartment and I am reworking some plumbing behind the walls.This is a picture of the bathroom. As you can see ugly teal 4" ceramic wall tiles, whi...
If I were to use my VA loan to get a multifamily (under 5 units), this whole idea of the one year stipulation keeps arising through other discussions. So my work around, option A. build rapport with a local bank and r...
Good morning BP! First and foremost I would like to say that I'm grateful for this site and forums. My wife and I have recently become interested in investing in real estate and have been listening to pod-casts for mo...
This summer in the middle of the heatwave, the AC went out on our rental. It took four different technicians and about 5 weeks to finally fix it fully. It would work for a little then go out again. The tenants have b...
I've been speaking with family members regarding buy and hold strategies and Cleveland, OH has come up a few times (they are not from the area). Can BPers who have invested in or have first hand knowledge (second han...
Hi Everyone,
I converted my 2-flat apartment building into a legal 3-flat using a cashout.
Appraised at $425k, new mortgage at $2330 at 4.35% currently owe $305K now.
Property may conservatively appraise at $525...
Hello, I am interested in how you form an REIT that can be traded on the NYSE? From what I've read you need to start an LLC for the initial property that you purchase, then you need to get 100 investors.
I would love...