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OK. I have been listening, learning, reading, and dreaming. I am very close to looking for that first deal, but one thing that I seem to have limited knowledge on is financing. So I am just gonna throw some random sce...
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Investment Info: Buy and Hold Duplex in Minneapolis, MN
PurchasePurchase Price: 302,500
Remodel Budget: 50,270Initial Loan Terms: 5.125% interest rate fixed for 5 yrs, 25 yr am, 246k loan (80% LTV) - $1953/mo PITI. ...
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Hello, I personally don't see anything wrong with it, but I've heard many investors are seen as greedy and people who prey on distressed people. Any thoughts?
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My pm, has created messes. As he would call them "miscommunications" between everyone involved with my property. some examples: He let tenant move in 7 days before lease started, to "bring in larger furniture' and cre...
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I have many rentals and have started really getting hurt with Venmo's limits on how much you can transfer out of venmo on a weekly basis.I can only transfer $19k per week to my bank. I have alot more than than coming ...
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Investment Info:
Condo fix & flip investment.
Purchase price: $35,000
Cash invested: $5,000
Sale price: $67,000
My first ever flip project. The deal was brought to me by a wholesaler who is n...
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I've been presented with an off-market deal for a 24 unit complex, but I'm not sure if the numbers look good or can be better since I've really only done SFH investing prior to this. I've run the numbers through the c...
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Hi! We recently identified a property we need to sell in order to recoup capital for another investment. We spoke with the tenants end of August, and they weren't interested in purchasing the property, so we let the...
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Hi fellow BPers. I am a real estate newbie having been in the game for almost a year now. I'm currently in the raising capital stage to eventually get into buy and holds. I have been doing this primarily through worki...
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My wife and I are in our early 30's and currently have a 1-bedroom condo in CT renting for $1,750/month with expenses (including mortgage, tax, insurance, etc.) at $1,200. We both work 9-5 jobs in the marketing/event...