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I bought a single family house in Missouri for $30k cash. A month and $10k later it is worth ~$85k and rented out for $800/mo. I would like to tap that equity ASAP, then refinance into 30 year conventional after the 6...
Purchase price- $22,000
Taxes- $365 annually
Insurance- $250 annually
Repairs- $4,000
Rent- $500-$600 month
Property management- 10% of rent
Planned repair cost- $1,000 a year
Months not rented- $750 a year
Good d...
I recently attended the Lifestyles unlimited seminar (2 day seminar) here in Houston,Tx and soon realized that as a self-employed woman that does not show sufficient income that leverage is going to be very problemati...
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Background: Property is located in Jacksonville, FL in a neighborhood called Isle of Palms. The neighborhood contains canals that go straight into the intracoastal (most affordable waterfront living while still conven...
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Have anyone done the following: Buy property with cash, refi through the delayed financing program (Fannie's) with followed quitclaim to LLC?
The reason I am asking is because the "Due on Sale Cl" is a notorious thin...
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ABOR March numbers were released today so David Ivy should be posting them for us here on BP soon. To say I was surprised about the year-over-year sales volume beat is an understatement. After we review the weekly M...
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Last year I did 35 wholesale deals here in Phoenix, AZ. This year, we have a goal to triple that number. We have recently hired a Sales Rep off of Upwork.com to start cold calling these lists. 1. $0 Transfers2. Bligh...
Hi, First timer and I just bought and renovated a Duplex in Dekalb, Atlanta. it is a B to C area. Each unit is a 2 bed/1bath, expected to rent at $650-$700. Have got a lot of interest but not many people willing to gi...
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Hello my name is Ryan and my wife and I are in our early twenties and live in (geographic) northern Virginia (not NOVA). We both graduated college in 2012, work full time, are expecting our first child very soon, and...
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I am looking to buy my first home. I intend to live in it, I may use it as a rental down the road but I will definitely live there for at least 5 years. I have a low income due to medical and insurance reasons. I'm ju...