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Investment Info:
Single-family residence buy & hold investment in Cape Fear.
Purchase price: $169,900
Cash invested: $30,000
-Purchased as a Fix & Hold
-Used owner-occupied 5% down convention...
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Hello everyone. Here’s the dilemma. I have a duplex in Oak Ridge (near Knoxville) TN. The gas furnace and AC are very old and defunct. The rental side (we’re living in the other side but may be moving soon) also has a...
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I finally took a leap and completed my first BRRR!! I got one hell of an education in the process. Thank You @David Green
REO Foreclosure Purchase Price $75K! Cash purchase using HELOC fundsThis was after calculatin...
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Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
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So, I really just want to come here to see if you guys can help me minimize surprises when becoming a new landlord.I would hate for the home to be repossessed, or have any laws broken so I am trying to bulletproof my ...
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So I’ve had a SFH for 4 years that I’ve house-hacked and now I’ve bought my second property. I will be renting out my first property for $700 above my P&I, insurance, and taxes. I made the mistake of using a realt...
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Hello. I purchased an older home for a flip (built in the 30's), it currently has an inoperable boiler system. I'm wanting to switch from that over to forced air. Needless to say, none of the ventilation is in place c...
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Closed my first deal a few months now in Houston but I am stuck. To keep it short and to the point, I had to put about 10k more into the property due to a bad contractor. I bought it for a rental property but the work...
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With the recent tax law changes does it benefit me to transfer the title on my investment property mortgage from my name to a LLC? Also in the past most banks were reluctant to give a conventional loan to a LLC and t...
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There are a few home builders in the denver / castle rock / colorado springs area that are starting new communities. Some of their base houses (with no options or upgrades) have a decent price point that might make s...