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I have been seeing a lot of houses in the area going up for foreclosure. But the whole concept of foreclosed homes is confusing to me. Is this a good way to get into real estate investing? What are the benefits and dr...
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Hi BP!I am an investor from Israel and recently had an offer to join a syndication for a buying of a multifamily unit in NJ. The offer sounds tempting since the group has to finance about 3M$ (the rest comes from a b...
Scenario -
Lease Application for one tenant (checked by our realtor) - great employment history, rental history and credit score. No criminal background. Looked great on paper, and is why we went with this ...
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Hi, I'm new here and new to real estate investing so please bear with me. :)
I currently am renting out my first house that I bought 10 yrs ago for the same amount that the mortgage payment is each month. My interest...
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We are moving out of our primary SFH (bought 6 years ago) in the Campbell area, and are deciding between selling it or letting it out for rent (fully managed by a third party ~ 7% fee). Given that the we have had doub...
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Hello,I recently received an appraisal that was satisfactory to the lender (85k home price v 88k appraisal price). There are some expected repairs to satisfy the FHA loan criteria.We are in good shape to finish this o...
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I'll preface this by saying I've already taken these questions to three separate professional accountants. One straight up told me he has no clue, and the other two gave conflicting answers. So hopefully the interne...
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There is a property that the owner owes 133K, and wants 191K. ARV is 238K. I want to get this house under a 1st lien HELOC. I wanted to use hard money to get the property quickly, and then get the HELOC to secure the ...
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She's a pretty great tenant other than the fact that she didn't disclose she had a dog. NOt only a dog but a Pitbull, who is on my insurance co's list of dogs they won't insure. She's also 6 months pregnant (the ten...
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I have a duplex I am trying to refinance. I purchased and rehabbed it, using a short term loan. I now need to refinance to a longer term loan. A local bank initially seemed interested. It cash flowed with just one ten...