So I've contemplating for years now whether to roll extra cash that I use to fund my TSP (military 401k) into mortgage payment and pay it off faster. So far I've been maxing out TSP as I understand its tax advantages,...
I am looking to purchase a duplex as our first rental property. One of the units is currently rented by an 80 year old woman that has lived there almost 40 years. She's currently paying less than half the market rate...
Hey guys,Looking for advise. I recently turned one of my SFH into a house for transient workers (traveling nurses, ect). I've found great demand for the product, but everyone backs out when I ask them to do the foll...
Hello all. Currently I have one sfh. It is a traditional mortgage. I am trying to understand land contracts and how they work. I have a few questions on the process.1. How do the terms work? Is it for 30 years?2. Is t...
How does one finally decide on a hard money lender? I posted earlier in the intro section about this when I made my first post, but perhaps it was the wrong section for my intro/inquiry:I’ve been researching HML for m...
Does anyone have any recommendations for a good syndicate with a track record in multi family. I already have some investments with Ashcroft. Was wondering if there were any other firms I should look at.Thanks,Marc
I have a prospective tenant that is eager to move b/c he is living out of a hotel now (in the midst of a divorce; divorce hasn't finalized yet).He hasn't started the application process yet but when I mentioned cost t...
I'm a Canadian investor investing long distance in a few cities in the US. I'm having problems with these 2 properties I'm rehabbing in Chicago.The way we approach a project like this is to get an inspector, get quote...
If you were starting out again with zero contacts and wanted to invest directly in the US, how would you do it? And how would you build your team? I only want to invest in multi family.Thanks in advance
I just had a not to plesant experience with a short sale deal I had on under contract in november, so I found the deal on the mls, I put in an offer for 115k a few days later the agent calls me to say that there are m...