Hi guys. Newbie here from Staten Island. I've been searching for multi family properties in NJ to invest in and came across a couple that look interesting but have been in the market for what seems like a long time to...
Hi all, I'm new to the forum and I'm also a noob in real estate investing. I came across a deal that I'm interested and would like to seek for some advice. Let's cut to the chase....
7 apartment building in a B+ neig...
Hi All,
I am looking for some advice regarding best ways to acquire short term (approximately 24 months) capital for real estate development projects I have an opportunity to be a part of.
Long story short, I am a ...
Hi everyone!I'm looking for suggestions on a back-up option in regards to financing on a property I already have under contract in IL. I'm currently working with a hard money lender who initially had some great terms...
I graduated school last May and want to dip my toes into REI by "house-hacking" (in Cleveland). Per some other contributors recommendations, I'm in the process of trying to get pre-approved for an FHA loan, but some o...
Hello All, I know there is a lot of talk about "The Home Office Tax Write Off". This is similar but different ;-)I am planning on building an addition on my home that would be a great room on the main floor, and ALSO ...
Hi there! I'm excited to be starting out with an opportunity to learn through house hacking my brother's 3bd/2ba house that is currently sitting empty. Would you calculate the room rents by comparing his place to othe...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $708,000
Built 2022. Two x 3bedroom/3 bathroom/2 car garage/1400sqft. Two x 2 bedroom/2.5bathroom/1 car garage/1...
OK, so approximately a year ago I made an offer on a short sale, agreed upon a price with the home owner and the bank accepted the offer. A week before closing a significant amount of structural damage was discovered....
How simple is it to find property and use hard money to finance the investment? What percentage of the mortgage should I have as cash or is a down payment still needed??
Also from that hard money loan, then in turn r...