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Hi guys,
I've been looking into buying my first multi-family. This property is a 6unit. Without revealing the price, I'd like to know what the investors on this forum are willing to pay based on the numbers. I'm sur...
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Hello, I'm relatively new to investing in rental property and have a potential prospect that' I'm under contract for. I am at the end of my due diligence timeframe and have to make a decision by the end of the day or ...
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First off, thank you to all the people that share the info you've learned!!Ok so here is my story so far. I bought a house for 141K that needed tons of work but in great neighborhood. Worst house in best neighborhoo...
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Hi AllMy partner put in offer for first time home purchase which happened to be a bank owned foreclosure property. The terms in contract state that this" is as" purchase. We were aiming at doing in a live in and flip ...
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On my personal residence (a property I plan to rent out eventually), I have a conventional 30-year fixed mortgage with Wells Fargo. I purchased the property back in April 2018 and only had to put 5% down. Due to some ...
My tenant complained about the dishwasher that is not working well 2 months after they moved in. I hired somebody to check and repair it. The service guy said that the dishwasher was not working well because of food p...
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I’m not sure if I should close on the house. It has foundation problems and the seller said he would not pay for the foundation repairs even if it only needs little repairs. It’s my first house so I’m not sure if I sh...
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I am under contract on a 12 unit MFR and trying to more accurately estimate reserves for maintenance and capex. I am tentatively planning to buy-and-hold the property to build up the downpayment on the next property ...
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Let me start with a little history. We purchased this property in Indianapolis through a turn key provider. The turn key company purchased this property through a tax sale. We funded the flip and then they have taken ...
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Hello BP!We are new REIs in Maryland. We are looking at purchasing our first multiple family unit. However, we’ve noticed that most of the multiple family units in our area are very old. Most of them were built in ...