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Here's the scenario: In escrow on property, seller provides rent roll and tenant is 10 days late on first months' rent. Note, lease was signed right before listing property, so this is first time rent has become due....
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Scott Trench states in the conclusion of Chapter 9 that it is "inefficient and dangerous" to attempt high earnings if an investor possesses less than $100,000 ready-to-invest dollars. He goes on to say that it would b...
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If you had equity in your rentals and wanted to leverage that to purchase new rentals, given today's market, would you do HELOC or cash out refi for down payment on new properties?
I'd like to purchase a multi family place, live in one of the units, and put less than the conventional 25% as a down payment using an FHA mortgage.I know this would require an extra 0.85% on my interest rate as MIP, ...
With the recent inflation hike, I’ve been asking myself – will it be possible for banks to change the terms of existing fixed rate loans in the future if really high inflation hits (aka hyperinflation). I am question...
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I want to give some stats and my idea before I make a verbal offer on a property. If anybody reading this could double-check my ideas and let me know if there is a better idea out there, I would be so grateful! I do n...
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Hello all - my husband and I want to buy a second investment property in our area (Frederick, MD). We have a primary mortgage (in Frederick) and one rental property in Bethesda, MD. The rental property is rented un...
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Hello all:)I briefly wanted to share what my brother (Jonathan) and I are doing in starting our real estate investing careers and would like advice and input from BP community.Jonathan is currently serving active duty...
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Ok so I have a gentleman that wants to sell his 45 unit apt complex. I need to know what kind of questions that I need to ask him so that I can answer buyer's questions. I've never done large multi units before what k...
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Hi my name is Jake, and I'm a realaholic.
I've been completely obsessed with real estate for a while now. After several years of education, preparation, and researching countless markets and strategies, my wife and ...