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I have been looking on Homepath.com for properties, preferably duplex's for my first investment. I would like to live in one and rent the other for obvious reasons. Are you required to live in them for a certain perio...
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Newbie investor looking for advice. Purchased a foreclosed property with $549k and 10% down through a hard money loan for an initial fix and flip. With the current market, I'm considering changing my exit strategy and...
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I'm at the point of considering a LLC for my 5 FL properties and 1 in AR but not sure how to structure. I have heard from colleagues that a LLC is a way to go but, I deferred creating one because I did not want to ha...
Hi I was recently presented with the opportunity to purchase my late Uncle and Aunt's house. Only thing is I don't know much about real estate. I was considering trying to buy the house through a short sale. I have b...
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It seems like such a gray area. From the research I’ve done, some go 12 months and some go 6 months. There are others who even stretch that and say there is nothing you can do if someone offers you a nice profit. Afte...
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Hello,I am in the process of looking for a property management company in Ohio and was wondering what is the typical monthly fee? I was under the impression that the average rate charged is 10% of monthly fee. Does t...
I am looking at a 4 flex’s in 31217 Macon Ga. the property is in good condition, owner occupied in 1 unit and will move out after closing. It is currently rent to 1 section 8 tenant full pay by MHA. Another approved s...
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I am currently confused on how I would exit a seller financing deal that has a 5 year balloon in the P&S agreement. For example let's say the terms state that the purchase price is $380,000, DP is $19,000, Amortiz...
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Hello! I'm brand new here and I also don't have any rental properties just yet. I'm here because I'm trying to make a decision on whether to sell or to rent our current home when we move out of state in a few months. ...
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Hey All - I have a property in Charlotte NC I purchased a little less than 2 years ago. The remaining balance is a bit under 140k and now homes smaller or around the same size are selling on the same street for 250k...