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I had lived in the house for 2 years. I put down about 100K and am walking away with about 300K, 100K of which is my down payment, give or take (rounded numbers for ease of discussion).I just moved into one of my chea...
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Hi everyoneI have been researching markets and I had mentioned in my previous post I was interested in investing in the mid west. I live in Northern NJ and as I mentioned the barrier of entry for me in NJ is too high....
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I left of the last R because even though it would like to repeat in Brooklyn I'm not sure my credit will stand it at this point. I bought this building in June of 2007 for 714k 2160sf bulking was vacant. I used and F...
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When we purchased our 3 unit bldg together (newly married) in 2006, there not yet any red flags of the pending housing crash that reared its ugly head that very same fall. Some say 2008 but this part is not impt to t...
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While cash flow is great and I strive to cash flow as much as I can, in the long run could this strategy be less profitable than buying & holding in a market that will see high levels of appreciation?I hear folks ...
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I've got some bitcoins that I would like to use to purchase real estate. Are there any institutions that will accept bitcoin as downpayment for a loan?
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There is so much misinformation on this site it is crazy.Here are the facts; For total profits, cash flow plus equity since 2009 the top 3 locations are San Francisco, San Jose and LA.Since 2000, that is LA, SF and Sa...
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Hello all, hope all is well. This rental has been on the market for 15 days and after 48 leads no one has qualified. Due to no one having 600+ credit score. There is a married couple, with 2 kids that claim they have...
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Hello! My wife and I have found ourselves in a state of "analysis paralysis" and are in dire need of some "Rent or Sell or Other" help from someone (or someones!) more experienced than us. I am trying to learn more ...
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When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...