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I am ready to purchase my first investment property and I talk to the mortgage broker at the office I am working with. I tell him I have 12k for a down payment, but my parents want to get involved for 35k also. He t...
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Hi All,I own a condo (rental property) in Santa Monica I bought for $270k (currently owe $240k). My neighbor, whose unit mimic’s mine, sold recently for $490k. I am looking to take the next step in real estate inves...
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Hey guys, I’d like to ask your opinion on a potential deal. I’m going back and forth on this one and would like some opinions from people who have some more experience than I do.Some background: I am a small business ...
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Hey all, I'm a pretty new investor and I have a question regarding owner-carry financing. As rates continue to increase, I'm learning more about creative ways to finance. When it comes to negotiating owner-carry finan...
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As a rental property owner I found there is something new to deduct which is not available from a owner occupied property.. which is depreciation of the rental property.My understanding is that you get that years ove...
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Interested in hearing what different people have to say. I’m currently evaluating a triplex in Wilmington North Carolina, Gross rent multiplier is 8.1, net income after financing is solid, Cap Rate is at 6%. But that ...
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I am looking at a C+,B- 4 plex in S Florida. Asking is 500k and the neighboring 16 units sold 2 years ago for $1,040,000. These are 825 sf 2/1 units. The numbers are:Asking 500,000Current Rents 815, 800, 750, 815My Of...
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I have a scenario that is playing out. I want to get some outside perspective from other investors, lenders, etc.... ideally from people with experience in Canada, but of course, not mandatory. Here is my Situation:In...
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I have to start by saying for all the outreaching St Paul investors who thought "nah, can't be, nobody is that dumb, it won't happen", sorry friend, I feel for ya. For those not in the know, Saint Paul MN passed what ...