Hi everyone!I am a first time homebuyer and recently qualified for a 3% down conventional loan to use for a house hack. My plan is to eventually turn into a rental after a couple of years and hold for at least 10 year...
Has anyone run into a situation where they have seen or purchased a small apartment building that was listed incorrectly as a single family? It's been on the MLS for 139 days and the numbers look amazing. I'm just try...
Hey Guys,
I am looking at doing my first rehab and flip.
I think I might have found something local to me that might make a viable rehab and flip.
Here are the stats:
Purchase Price: $250K (before any negotiation)
...
As a landlord I have had many successes and more than my share of nightmares. Every tenant a lesson, learn or repeat until learned, both the good and bad. I learned to take the opportunity of the proposed tenant p...
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
Well it’s been nearly five months since we closed escrow on our quadplex located in San Luis Obispo, Ca. I can’t even begin to tell you what a learning process it’s all been. Honestly I’m not sure we would’ve gone t...
I need some help in figuring out whether to keep renting this house out or sell. Here are the numbers, if I left anything out or you want more information let me know:Single-family homeOriginal Mortgage = $114,500 VA...
Guys, I need some help. I'm currently looking for my first rental and after scouring the MLS, I realized that I needed to be creative to find a good investment. I reached out to a mentor who has been in the rental b...
I think there is a pretty easy way to lower prices of housing to some extent.. And that is to do away with Mortgage Broker and have all home loans orignated by the direct lender/ Banks..
I personally bought a home i...
I'm trying to run the numbers for a beach house in South Carolina and am having trouble figuring out the expected income. The house is 7 bed 4 bath in the Myrtle Beach area, but the house has been split up into a tri...