I found two mobile homes on a acre and a half of land going for 127k. The renting income is 1450 per month total . There is another lot (mobile) ready for plug and play on the property.. and that could bring in additi...
I was wondering if anyone could break down an email I received from a commercial lender at a local bank. We asked about a business line of credit of possibly putting up some properties as collateral or maybe refinanci...
Hey! What metrics do you personally use to decide whether a property would make a good buy & hold investment or not? Cash on Cash?Discounted Cash Flow?Internal Rate Of Return?Net Present Value? Cap Rate?A combinat...
With rising interest rates, do you think it's still a good time to purchase a single family home? This will be my wife and I's first home purchase and we can potentially get into a great home for relatively cheap due ...
About me:
-I currently own 7 properties (3 are duplexes)
-Only have loans on 2 duplex's in Alaska
-Excellent credit score
-Steady private sector job earning a decent wage
The majority of my debt comes from ...
Investment Info:
Large multi-family (5+ units) other investment in Salem.
Purchase price: $361,800
Cash invested: $600,000
42 units (Garden Style) (woody walkups)
Sq ft 31250
Average size 744 s...
When doing a cash out refi to buy more properties, how does that affect a future sale of the property that had cash pulled out? I’ve read about it being done to close to each other and I know that’s a no go. But if I ...
Our son and daughter-in-law are currently living in a paid-for trailer in Ft. Worth, TX but they are getting eaten alive by land rental, taxes, utilities, etc. Their roof is in need of an expensive repair and I think...
Hi All! I'm an investor living in the greater Albany NY area (Ballston Lake, near Saratoga). I bought my first house when I was 21, a distressed 2-family that I lived in while repairing and had renters paying 2/3 of...
I am so excited to be joining a network of amazing individuals who are so passionate about real estate and investing and I am eager to learn as much as I can. My name is Jonathan and I grew up in a small town in the N...