All - I am trying to sell my house to my tenant. It would be a huge WIN-WIN. I need to get him qualified for financing. I went through 3 mortgage officers and brokers I worked with in the past... they all told me the ...
so i was reading this http://www.biggerpockets.com/forums/67/topics/21771-gut-rehab-costs and got the definition of a gut rehab
"A major restoration project on an old house or other building, ripping out ...
About two years ago I decided I wanted to start investing in Real Estate with the hopes of acquiring several rental properties. I bought a house, lived in it for two years, moved out and started renting it. As you kno...
I have seen a bunch of questions about reserves for things like vacancies, major repairs, and capital improvements. In my opinion, these are not relevant to my rental empire.I try to find properties that at a minimum ...
Hi Everyone, I was looking at a multifamily property in the Pittsburgh area, trying to run it as a MTR/ STR but the utilities are separated. Trying to see what my options are on how to split that or finance it in. any...
Just looking for some feedback on what we are considering doing here to see if there's something I'm missing.We currently own our house and a triplex in CA, along with some fourplexes in AZ and CO. We plan to leave C...
Hey there, Long time lurker, first time poster! I have been consulting with various attorneys, and have been getting some mixed messages. Heres the scenario.I have two adjoining properties for sale. They are two separ...
Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...