If you had only $15k for improvements would you do an Oil to gas conversion with AC or new windows. They both need to be done, but the bank is only willing to give me $15k.What makes more immediate sense for better re...
Pro's...
We are buying what maybe our 3rd double out of state, but I can't make owner financing work for me?? The owners are "motivated" and asking $59k for one/gross rents $900. 2nd double asking $79k gross ...
so I'm looking at getting my first rental property.I will be buying a duplex from my grandpa and residing I'm one side.It has a long time tenants that he has never had problem with.I am offering 200k and will be finan...
Hi - I am new to evaluating deals so any feedback is appreciated:
My goal here is a buy and hold- seeking cash flow:
?Purchase Price $30,000
?Rehab – $35,500
?Closing cost $2,500
?Tota...
I plan to retire some time next year and need some advice. I have a 401k invested in stock funds, and would like to avoid the ups and downs of the market. My goal is stable passive income, so leaving the ...
Just wondering if this deal makes sense (cents$$) or not? It's a 26 unit MF complex. 23 out of 26 currently rented. Would require 20% down and seller financing 10% of purchase price for a total of 30% to get com...
Hey everyone! My girlfriend and I are currently renting for $1,700 a month and we came across this duplex nearby. There's a tenant in place paying $1,200 a month, and the following information in the MLS looked pretty...
Hi everyone. So I'm looking to buy my first rental property and need some opinions on where to get it in the US. I'm looking to get a 2 bedroom unit, and I'd like to get one which is under 275k roughly. To determine p...
Someone please explain to me how to create my first cash flow property...I'll use easy round numbers to simplify. I pay $1000 per month on my own mortgage. I have 100k equity I can access for a HELOC. I open a HELOC f...
I'm asking for advice to see if this purchase make sense. It's 5-unit apartment building in OC, gross income $74340, op expense $20525, purchase price 1.1MDownpayment: 500k
My input: 300k line of credit, current int...