First of all, I want to mention how great this site is. I just spent the last 4hours reading posts.
Now here's my problem... I bought a studio in 2006 with 0 down for $250k and put in roughly $20k to fix up the place...
How do you calculate debt to income ratio when you have rental property? Are we using gross rental incomes or net? I own two 3-unit buildings in the Chicago area and live in one of the units. Total gross rental income...
Hi folks,
I'm wondering if people would be so kind as to share their opinion with how they would handle my current situation.
My homeowner's insurance (I'm house hacking) is requiring I fix the external walk-up stai...
Hello everyone! I’m seeking some advice on the next step to take to purchasing a duplex or a triplex. My location preferences are GA, NC, or TX ( avoiding anything around the Gulf). Here is my situation.
My primary r...
I went to make an offer last night, and since I'm wanting to use a 203k loan, I knew it would be a pain in the ass. I asked for a financing contingency as part of my offer, but the real estate agent said they don't d...
Hi all, I'm a BRRR investor in Baltimore City and have a surprising situation I've never been in before. I need help knowing what my options are. A few months ago, I purchased a property in Baltimore City in cash, and...
hey I am currently in contract for my first rental which I am buying for 45k, worth about 60-65k now and will have a loan of about 34k on it. I will buy and hold the property and it has 2 units, my question is I do no...
I’m considering going in with an investor on a new cabin. I would help manage the construction and also manage the cabin booking, etc. The other partner will own the cabin and take care of all financial obligations. ...
I own a duplex in Fort Pierce Florida. I have a new Section 8 tenant in one of my units and she recently contacted me to inform me that there is a crack in the tub that is leaking water onto the bathroom floor. I im...
I am writing this because I see so many post about Midwest properties and while mine was a rather easy (though still sot money) issues to fix not all of these situations will be. Let me start with do you have your tit...