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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $60,000
Cash invested: $5,000
Sale price: $92,500
This was a duplex in a rough area with tenants in plac...
I recently bought my first house in the Nashville area and plan to live in it and do some diy/sweat equity renovation over the next couple years. I’m new to investing and I’m working through the BP podcasts and eagerl...
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I am working on a seller financing deal and I am looking for some resources on the math/formula part of it. I need to create a detailed spreadsheet with the full amortization schedule that allows for quite a bit of ...
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I am considering purchasing my first investment property and would like to get some feedback to see if I am on the right track with my analysis, so here are the numbers:Purchase price: $380,000No rehab costs - It was ...
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I just dropped my first postcard (WOOT!!!) to absentee buyers last week. How long do you wait before you drop something else? After reading more I think I'll do a true yellow letter next time.
Is it common for closing costs to be paid by the seller or lumped into a FHA loan? I’m currently saving up for a 3.5% down payment on my first property sometime in early 2017, but believe additional costs will be prob...
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What are some steps I should take if I wanted to buy a "plex" and rent it out, but also live in it with no money out of my pocket. I am still very very new to REI, also don't have much money since I am starting out. S...
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Good morning everyone. This deal actually came to us from a long time partner of ours. I had never done anything like this and everything about felt like at any time it could go bad but actually ended pretty decent....
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Hey everyone,So after months of research, I'm about to close on my first investment property! Aside from being excited/terrified, I'm curious what people did or wished they did while waiting to close. I'm buying a SFH...
Good Morning Everyone!I purchased a SFH for $50k cash on Nov 15th. I am investing up to $30k in rehab into the property. I expect it to appraise for $127,450 in 6 months when I plan on cash-out refinancing it 75% LTV....