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Hello everyone! I am currently seeking my first property (single family); however I am torn between a few certain decisions regarding Raleigh area's market. Quite frankly, I am sick and tired of paying rent and have f...
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I am looking at purchasing a mobile home park from a friends father who is older. . It is run down due to his age. This is the situation there are 40 lots, he owns two of the trailers only 10 lots leased he is getting...
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Good Morning All...I signed contract to purchase my first rental property. It's a townhouse (i.e. two floors on each side) style duplex, and is the only multi family property in this neighborhood (the entre town is ...
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Hello everyone!Is it possible to approach a lender and ask them if you can leverage your 401K plan to take out a line of credit? Is this even possible, or will it mess up anything with your 401k? Obviously there are r...
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I am considering this deal for a buy and hold....this is a duplex that needs rehab. Haven't started negotiating price yet, but I know I'll have to get he owner to come down on the asking price. Just wondering what som...
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Hi folksI'm an investor up in the Washington DC area, where the returns on a holding strategy are small to nonexistent...I own three condos in addition to my house, and was looking at my long term plan the other day (...
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I came across an off line deal. Owner is selling a mobile home park that has 5 mobile homes on it. Here are the specifics. - Purchase price: $145(mobiles and land included in price) - All mobiles are paid in full - 5 ...
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I've just started looking into investing in out of state properties. As such, I've been interviewing property management firms and negotiating management agreements. This is a PAIN STAKING process. I had no idea, goin...
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Hello Investors, I jut got to the bank for my mortgage pre-approval to see how much I am qualified for. And to my surprise as with the new rules, they do the stress test or qualify at 5.14% interest rate and looking a...
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I see a lot about the 1-2% rule, 50% rule, plugging in maint/capex/insurance/vacancy numbers, etc. But I've seen very little on the specific criteria that investors are using to search for rental properties.For exampl...