Paul Nagy
Mortgage question/payoff dilemma
Hello everyone! I've got a single family home that I've owned and rented since the beginning of 2007. It is in a nice upper middle class suburb of Kansas City. When I bought this property I had absolutely no idea what...
Justen Ashcraft
Why would a duplex be foreclosed on?
The question I am wondering is, why would I do better? How can someone fail at renting. Duplex? Did they not maintain tenants or the property?
I have the potential to purchase a duplex for about 60k in good shape. But...
Nom M.
Leap or Run
Hi!
Well, I closed on my first rental, and rented it a week later. Tenants are thrilled with the house, and I'm thrilled to have a full deposit and 1st months rent! It will cash flow $550 a month.
In the search for ...
Chelsea Wessman
Seller Financing Advice Needed
I'm about as green as it gets and currently running numbers on my first potential deal. He's willing to do seller financing and the triplex is worth about 160-165K. We can only scrape together 5% down currently-henc...
Joe Threats
House Hack Opportunity Need Help!
My wife and I have come across a Triplex at a reasonable price of 215k Its livable right now but if we put a few bucks in to it I feel the value can appraise for more. Since we were in the plans of rehabbing a proper...
Account Closed
Attended my first foreclosure auction...
Today was my county foreclosure auction and tax lien sale... and I went for the first couple of hours, just to observe.I thought I had done some solid research (I was wrong). A couple weeks ago I got on the county si...
Will Johnston
Tax Deductible Uses for Extra Funds from Cash Out Refi
I recently did a cash out refi on an investment property to pay off the line of credit I had used for the downpayment on said property.I have about $5k in funds left over, and I'm trying to figure out what to do with ...
Gary Charlton
Help structuring a deal
Hi All,I have been trying for sometime now to drum up some investor capital to be able to purchase a multifamily apartment building in FL. The problem is that being new to investing in multifamily buildings I am havin...
Jessie Dunn
Buy and build
I am curious as to how the process works for buying land and building an apartment building on it. How does financing work? How much cash and/or collateral would we need? Can buying the land and construction be wrapp...
James Camp
[Calc Review] Help me analyze this deal - good deal?
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