Hey guys,Im currently renting half a duplex in Albany NY and I am considering buying a multifamily house myself. The plan is get into a multifamily house using an FHA loan, doing any renovations possible myself to cre...
Hello, everyone!Just a bit of background information:A few years ago, I inherited a beachside duplex from my grandparents and was finally able to start my dream of real estate investing. Only one thing got in my way: ...
We all got excited about the EIDL loans from SBA: $10k free advance that does not have to be repaid, and then some great terms on up to $2M loans.
We celebrated too early. First we learned that it is not $10k. It is...
Hi All,I am trying to get into hard money lending. I unfortunately don't have the money to do it on my own but thankfully I have a partner that is ready to jump in. My main question is I know in order to be really suc...
Hi BP, my partner @Jon Sanborn and I recently bought a commercial mixed use property in Philadelphia, PA 19132: 3 Total Units - 2 Bedroom Unit, 1 Barber Shop Unit, 1 Hair Salon Unit. The tenants we inherited are great...
I have a house I'm willing to sell for only $5,000 down (Selling price is $135k), with balance due in 3 years Other than offering a lease with purchase option at the end of 3 years, is there any way to protect mys...
What kind of loan should I be looking at? I have a rental property, single family, free and clear. I'd like to take out a loan on the equity to use for other investments. I'm in Texas. This is not my primary residen...
What do you guys and gals do with your cash flow?How much do you have in reserves before you pay yourself? Do you have a formula? Do you pay off quicker?Just curious how others use their money.
Hello, We run a small building and have been having problems with our water bills. They are too high, $72 in charges without even turning a faucet on. We have problems retaining tenants because of it and it seems the ...
I'll try to be brief, here's the background;Last week I was shown a 40 unit complex which I'm very interested in; at the moment I'm waiting on the rent rolls, but even if the pro-forma is off by ~10% it still looks li...