Hello everyone,Soon my wife and I will be signing our first purchase agreement with a closing date in July. It's a 1.5 acre lot with a mobile home on it. It will be a buy & hold. The buying condition is "as is." T...

I was recently researching a house that is a HUD listing that had a previous offer, but the deal fell through. It came back on the market for about a week and now the listing has expired...It was on the market for a ...

So I found my first multi-family deal and want to see if you guys think this is a good investment. Purchase price: $197,500FHA 3.5% down: $7,000Mortgage, taxes, Insurance: $1,5352 Bedroom rent: $1,1001 Bedroom which I...

My wife is an interior designer in Silicon Valley. She comes across a bunch of investors who buy old homes, rebuild it and sell. So we are wondering if we can take up that as a business. Here are some initial numbers ...

I've recently come across a seller (a 91yo lady) who wants to sell her house with seller financing, interest only, with at least a 10 year balloon here in Oregon with approximately  $10k down.  All fine and dandy.  Th...

Okay, Ive made it my goal to buy a (probably 3 family) rental property before i turn 21 (Nov 14). What will be the smartest move now?* I have money saved but would NOT like to use it - other ways?* when buying your fi...

Should I have an LLC before a buy a rental property? Does anyone not have an LLC and have rentals? How hard is it to set one up? I am in the Columbus, Ohio area 

Can anyone give me advice on how to figure out cashflow for rental properties.A lot of detail but simplicity would be best, Im gearing up to purchase my first multi-family home.I am already approved for the loan and h...

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Investment Info:

Single-family residence buy & hold investment.

Purchase price: $190,000

Cash invested: $7,200

Chicago - 1 bedroom condo
3% down conventional, 4% 30 year FRM. $2,000 back in selle...