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I keep trying to use the rental calculator with duplex/triplex in Phoenix area while using the F.H.A loan, but the P&I keeps making every deal seem terrible. Is this a deciding factor when buying a rental home wit...
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Hey everyone I was looking to get a HELOC on an investment property i have. My lender said HELOCs are strictly for primary residences and not for investment properties. Is this standard for all lenders or have any o...
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Disclaimer: I am very new to real estate investing and this is my first post on biggerpockets.I am looking into purchasing my first property. I have been reading/researching for a while and feel ready to make the move...
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I am new to real estate investing and wanted to get everyone's opinion on a deal I have come across. There is a duplex for sale in my neighborhood and the seller is asking 120k for it. It is currently rented out at 7...
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Hey all. New to BP and first time poster. I did some searching first but didn't really find what I was looking for. Some background on me. I am novice rental investor, with only one property. We bought a townhouse in ...
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Hello,My wife and I just closed in our first investment property in Blue Springs MO. We are based in NC and have a local LLC. We need assistance with three questions:1. Do we need to register as a foreign entity in MO...
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I am in the process of a mortgage refinance.
The refinance mortgage amount is $100,000. The appraisal amount is $245,000. I paid $700 for the appraisal.
. The appraisal was “subject to” installation of water heat...
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Listing price 280,000Offer 295,000Average market rent 1400-1500Income 2800Expenses. 1400 Mortgage. 450 property tax. 200 insurance. 35 water. 100 vacancies. 200 repairs. Total = 2350-2400.est monthly expenses. Convent...
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Hey guys we have recently had our offer accepted on a listing in Cleveland and received our home inspection agreement. In it, it covers a vast majority of items but noticed optional add ons: radon, termite, surface/ai...
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Does anybody recommend any property management services that a tenant can not reverse the charges? I have been using buildium for years and it seems they keep on getting worse. Especially with their support, its tak...