Bought a REO foreclosure that was a little rough around the edges but only required moderate rehab to get it looking nice and rented out. The whole process took about 3 months from closing to rehab to renting out. Som...
This is a thought provoking article on plans for Detroit revitalization. http://www.popularmechanics.com/technology/engineering/rebuilding-america/detroit-2025-after-the-recession-a-city-reimagined-13108807
Hey All! My partners and I currently have a 34 unit MHP under contract in Upstate NY. We just got a commitment letter yesterday from a local CU yesterday and the LTV came in at 75%. We're a bit bummed since we were re...
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The current owner would want to stay on the property, possible the basement stud...
In these unprecedented times many can be left feeling stuck, not knowing what to or how to invest. Others fall into analysis paralysis waiting and anticipating the absolute best deal to come along only to miss out on ...
Hi All, I just arrived to Austin, TX. I have cashed out several rentals in Chicago, as the numbers did not really work well. In addition, those rentals were with 10 y.fixed, so cashflowed minimally. In any case, I am ...
One of biggest issues I’ve personally had with Real Estate in general is the very large up front costs, arduous process and illiquidity involved in it. So many R.E. Owners and agents constantly say this property is wo...
I have been reading about the rental market shifting to "Secondary Markets" such as Atlanta, Phoenix, Las Vegas. What makes a market a "Secondary Market"? Just trying to understand the terminology being used so I'm ...
My partner and I usually focus on short sales, but today, I received a call from a Seller who owns their property free and clear. The property is in an area we work with and the current asking price is comparable to ...
have since bought another and was planning on flipping but but bottom has since dropped out of the buyer market. I'min Seattle area. both houses were bought for about 100,000 less than comp value. Should I lease them...