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I've had great success this year by purchasing the company (LLC or Corporation) that holds the property rather than buying the property directly. This strategy has allowed me to save on closing costs, secure favorable...
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Ok Gurus,
I think I found one.
It is a student housing condo 2 bed and 2 bath with large living area and less than 1 mile from University. It needs carpet cleaning, paint, and stacked washer dryer. i can buy used....
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Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed investment properties a borrower could hav...
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Hi everyone! I have a question that may seem silly but I’m curious to know if I can house hack a duplex and rent out a triplex at the same time. I’m aware that I would have to put down 3.5% on the duplex since I’ll be...
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Hi everyone! I’m in the process of setting up a google drive for my newly sprouted real estate business. I currently only have 1 duplex, however I want to set this up right so it will work for any size portfolio.Curre...
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I am about 6 months away from being comfortable with perusing my first deal (for financial reasons alone.) I thought now would be a good time to put the business plan In my head into writing, start a LLC, make my form...
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Hi! I am looking for some help and advice on whether or not this property seems like a smart first investment. I am not very concerned with cash flow and am looking more towards appreciation and equity. This propert...
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Hello everyone! I wanted to let you know that I am meeting private lender to get funded on my first deal!
Here is the property and the numbers per owner,
This property is turn key and ready to start mak...
I recently purchased a rental investment property in Dearborn Michigan for $70k and rented it for $900/month.If I had gotten a 30 years loan on this property with %20 down, it would give me $250/month cash flow. (afte...
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So I found a duplex in a desirable neighborhood in my area and I want to run the numbers by you guys.Asking Price: 350kGross Rent: 2000I can do owner occupied financing with 3.5% downpayment and I'm assuming a 4% inte...