Trevor J Dammon
Can cap rate be compared directly to ROI on other investments?
Hello all,Newbie here. I'm trying to compare returns on real estate to returns in the stock market and I am wondering if it is fair to compare the cap rate of a fully paid off property to the annual ROI of a particula...
Eric P.
No job, 800 FICO, 200k cash... can I buy rentals w/ 20% down?
Hey guys, as the title says, can I buy investment properties with 20% down if I have no current job, but an 800 credit score and 200k cash? I have ZERO debt, only bills are car insurance and cell phone. Here's some mo...
Kristopher Edwards
Building a multi-family property using a VA loan.
My name is Kris and I am new to REI. I am interested in multi-family homes to "house hack" as my first RE investment. Just looking for any tips or tricks on either building a multi-family home or just trying to buy on...
Account Closed
Hard money holding cost
Hey guys, I got a deal, which would be my first- a foreclosure which has some equity, just needs some tlc. I made an offer with FHA financing because I plan to live in one unit but the offer got denied because the sel...
Account Closed
Houston Flood Damaged Homes - What will happen to them?
Hi Everyone,Due to the extent of the flooding disaster in Houston, there are going to be a lot of flooded homes. What is going to happen to them? There are going to be many distressed sellers. Many homeowners will wan...
Kris Fox
Do you guys get Phase 1 tests done on MHPs?
I'm doing due diligence on a park that has 22 lots on 16 acres. I've included an aerial photo to help.The parcel with the star is the MHP I'm considering. The parcel with the arrow and above and below the arrow are...
Traci Lovelace
Property appraised with after rehab value but not pre rehab value
We are under contract on a building that is 3 apartments and a storefront. It will require pretty significant repairs including foundation and slate roof. Because of all the particulars, it qualifies for both federa...
Steve M.
Sheriff sale foreclosure by HOA
I purchased a property at sheriff foreclosure by HOA and in the redemption period. The redemption period is up Aug 12, there are several liens on property but I've met with two attorneys and the said the sale will be ...
Mark Fitzpatrick
Newbie from Myrtle Beach, South Carolina.
Hi everyone, Love the site lots of great info to learn from. I am 31 years old and work as a Community Manager for a medium sized property management company named Blue Coast Property Management. We manage 28 HOA's...
Kyle Meadors
Georgia Tech ATL, am I making a terrible mistake?
Hey gang,
I am a would-be, turned soon-to-be first time investor, and I'm about to move forward on a property right in the shadow of Georgia tech.
it's a small duplex, 1br/1ba each, one of those smaller homes nearb...