Relatively rookie investor here even though we've been renting out a home for about 10 years. Originally this was our family home that we bought from a builder around 2005 and then took out a HELOC to do landscaping,...
So this is a first for me. A wholesaler in the market where I invest brought me a property in which the current mortgage would stay in place and I would close on the property through a trust. I have used this wholesal...
I am researching some business basics before starting my LLC and was curious who everyone uses for business banking and why? I am getting into the mortgage note investing business specifically, but am curious to hear ...
Outside of the basic calculations for monthly cash flow how much consideration is being given to monthly HOA fees? In my area they typically average $200 to $300 and they do not seem to be proportional to the valu...
I recently called the listing agent on a HUD owned 5000 sqft. vacant lot in Chicago, IL that was listed at $500 bucks. The area is very depressed and I was leaning toward a new construction for the space.My mouth hit ...
I have a rental property in Philadelphia, PA where I am currently in the process of an eviction. I was notified that we have a court date in another week for the eviction for breach of lease, damages, and non paymen...
So I closed on on the property last Friday and discovered in my closing disclosure I was going to PAY for Title Insurance, Settlement fee, title search fees and lean search fee which racked up about another 1k on t...
I am brand new to this whole thing so please, hold the palm in face for a second, haha. I have contacted a few banks about financing my first home and all of them have told me my only option is a 15 year with 25% or m...
I'm looking at a 5 unit building and at first glance the property looks like it has good potential. It's in need of updating and all the units are under rented. I want to run preliminary numbers in its current state...
Hello,
I am in the Dallas area and would love to connect and discuss the rental potential in this area. i am very new to the the game, just graduating a year ago, but i recently bought my first condo that i am house ...