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Here are the details of a deal I just completed. It was a rehab for fix & flip, but ended up not selling for the price I wanted.
Purchase price: $65,000
Repairs: $32,000 (out of pocket due to Fannie 120% clause)...
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First of all, thank you for reading. I have purchased a single family home with 1.5 acres right off the highway, in the twin cities, Minnesota. I've owned it for a couple years, but I know the land is being drasticall...
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Upper Kensington comparing to "rest" Kensington and Philly generalI have difficulty finding a tenant to an Upper Kensington home that is well maintained (new wood floor etc) and furnished. Do you think only Section 8 ...
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Last year I posted a similar question but things have changed since then. I’d love some insight on how to get started using an income property I already own. We currently own a duplex that is worth roughly $300,000. O...
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*Sometimes things just work themselves out.*I acquired a rental house recently from one of my friends.Part of our deal is he gets to be a minor stakeholder in my company for some of his equity in his property.My frien...
Hello All,I am Jake from Albany, NY. I am new to this forum as well as to the real estate investing. I don't have any prior experience (have never bought a home) and am looking to purchase my first home (as a primary ...
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Hi BP,
I was able to close my first deal this year on a new construction (condo) at a rate below 3%. When it comes to cash-out refis, is this possible with a lower rate?
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Hello! I currently own one long term and two short term rental properties. I'm working on getting a third STR but struggling to find a lender that will use STR income towards the mortgage application, therefore making...
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So I am working on a project that is a conditional use, by the local government. Siting a duplex in lieu of a SFH on residential property. What have you guys found helps bring success?Thus far I am considering display...
Do i need to be wary of houses that have been on the market for 2+ years and have dropped the asking price by 40+ % in that 2 year time period? Its been listed and taken off the market at least 3 times. It also shows ...