Listing price 280,000Offer 295,000Average market rent 1400-1500Income 2800Expenses. 1400 Mortgage. 450 property tax. 200 insurance. 35 water. 100 vacancies. 200 repairs. Total = 2350-2400.est monthly expenses. Convent...
Ok, so this may be a long lead up, but I'm explaining the whole strategy here. I posted yesterday another topic asking about how cool banks are with letting your primary house sit vacant for 1 year, then using it as a...
Hi all, Im trying to see how much cash flow I would have if I'd finance 100% of the property. In other words, the 20% required for the down payment of the property comes from a conventional loan. Thing is, I've nev...
Hello BP world!Looking for some input on 2 aspects: let's assume I have 2 Condos held in my own name where I want to do a cash-out refi (conventional/conforming) to use that cash to buy more properties.Current cash fl...
So I was cruising around craigslist the other day, I saw this posting it appears to be 6 units on I think 2 lots. The poster included the current rent totaling 4275 of income. Asking price of 550k, I think he included...
Ez to get tenants @ $1600 plus per month for a studio unit? I see very few for rent on the website like craiglist and airbnb.Seems those that buy use em as vacation home(unit kept vacant when not in use) or keep them...
Investment Info:
Single-family residence buy & hold investment in Royal Oak.
Purchase price: $120,000
Cash invested: $20,000
This is my first investment property. In 2019 I bought a large singl...
PP: $300,000FMV: $350,000Property details: Year round 3-unit with 3 seasonal cabins in Old Orchard Beach, Maine. Old Orchard Beach is a heavy tourism town with several colleges near by. The property is one bloc...
VERY GREEN (bought my house in 2016, sold July 2022 moved back in with my parents, netted a very nice profit.
My offer was accepted on a DUPLEX in a popular town close by. Great rental area, both tenants are looking...
Long time reader and listener. Just wanted to say hi and thank everyone for the great advice and conversation. Thanks to Josh and Brandon for running a great podcast that helped me take action.I've completed three dup...