In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
I wanted to show an interaction that with a FAUX lender.. He sent me a PM on BP.. but it could easily be linkdin or facebook or Craigslist or connected investor.this is classic interaction with these guys.. the websit...
Hello all!I posted this in the member introduction forum but didn't get much traction as it doesn't seem too lively over there.Long time reader and real-estate obsessor; first-time poster. I'm 30 years old living in O...
my tenant completely trashed my place, deposit will not even cover the junk removal service I called my insurance (USAA) the adjuster showed up and was very helpful : turns out Trashing the place is not covered BUT (b...
If I had loan modification last year, will they base their computations on the modified loan or the original loan if I apply for another loan modification today?
Hi guys,
Are there any lenders who will lend on a hotel?
Thank you
Hi! I purchased a NPN and was in the process of foreclosing. The borrower has requested a loan mod. The original loan docs state that if anytime borrower is in default, the interest rate can be increased to 24.09% ...
Investment Info:
Single-family residence buy & hold investment in Evans.
Purchase price: $128,000
Our first rental.
What made you interested in investing in this type of deal?
Getting in...
Hello again,So, I have a few properties that I cash-out-refinanced on this year.My original purchase price is much lower than cash-out-refinance price.Do I depreciate on original purchase price or the new appraised ca...
Has anyone had any success doing AirBnB in Montgomery, AL? I would love to hear all about your experiences!