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Investment Info:Small multi-family (2-4 units) fix & flip investment in New Orleans.
Purchase price: $161,000 Cash invested: $10,000First investment was an owner/occupant duplex in New Orleans. Rented out ...
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Has anyone used creative financing successfully in Ontario? I met with a mortgage agent to discuss options they had available. I was thinking of proposing seller financing on a couple of investment properties in the a...
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I bought 3 ppties so far. I am learning and improving eacth time. But I didn't do so good at first. Here is a recap using the 50% expense rule that I believe in cos it is proven in my ppties.
1st Ppty: SFH bought in...
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Hi AllWe are under contract on a 4-plex and I am shopping for Loan options. The purchase price is $415 K and we can put 20% to 25% down. Few brokers have recommended a 5 year Balloon loan but I want to explore the bes...
Hi All,I have a condo in Silicon Valley (Sunnyvale) that we converted from a primary residence 2 years ago. The 2-out-of-5 years window for tax purposes is coming up, and we are trying to figure out what to do next.I...
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I know the general consensus is that you should have an LLC for protection but I was wondering if anyone decided to forego an LLC (for maybe an umbrella policy) when they had a single property? I'm in California so LL...
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When purchasing a foreclosure at the auction how do you guys perform the title search? Do you hire a title company or do it yourself? I'm not educated enough to perform the search myself.
I feel that if I hire a ...
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Newbie investor here. I'm focusing on turnkey properties because I'm seeking a passive (or as passive as possible) RE investment. I have about $150k to invest, which is currently sitting in a savings account (4.4 % AP...
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My wife and I are going to be buying our first property as a short term rental. We know it’s a lot more management, and we’re good with that since the cash on cash should be a lot higher than LTR. We’re going to be bu...
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Hi all, I am looking to start investing in multi family around Boston area. Specifically in Dorchester, Roxbury, Quincy, Chelsea and Everett. My plan is to invest in a 3 family home as primary residence. I am looking ...