Jerry Kisasonak
116 Unit Apartment Complex Financing Question
We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
Ron Smith
New Investor in Northern Virgina willing to go out of state
HiI have a townhome in Northern VA which is rented but as everyone says this area is not good for cash flow. I think I either need to start flipping houses or go out of state and invest in turn key properties. I am no...
Viji M.
Rental property paid off, what are the best investment options?
My name is Viji and I am CA. I had purchased a condominium 15 years ago as my primary residence with a 15 year loan. I have since rented the condo and now it is fully paid off. I will be able to move back into the ...
Thomas Sulz
Rehab advice (Small Condo)
Hi All, Below is a pic of the inside of a small condo located in Marathon Florida that I am looking to rehab and flip. The property was a hand me down from my parents after a long-term tenant had recently passed away....
Jordan Northrup
Seller financing in Northern VA
Hello Everyone, I have a deal that I need help with. Here's the situation:I have an extended family member on my wife's side who has a property that she owns free and clear. The lady has no mind for business and is s...
DJ Baker
Top 5 Seller Objections to Lease to Own
Aside for “need to cash out now”, what are your favorite or most creative seller objections for lease to own?
Kyle W.
Subject To purchase contract
Hello All,I have been reading many posts, books, blogs, watching many videos, and podcasts for the last year as I build my knowledge on Subject-To investing. I have my lawyer writting my subject-to purchase contract a...
Aaron Gilmore
4-plex in Raytown, MO outside Kansas City Deal Evaluation
Hello everyone,I have a potential deal for a 4-plex in Raytown, MO about 15 min outside Kansas City. I wanted to run the numbers past everyone and see if you think its a good deal? It will be my first deal outside of ...
Keith Jablonowski
401K Loan - How do you account for it?
How would you typically figure in a loan from your 401K into your rate of return?
I wouldn't think you would calculate as debt service since the interest you are paying is to yourself but it does effect your availabl...
Victor Yang
Taking a small loss to save on taxes?
Hello all,I am looking to buy an apartment building. Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing...