Hello everyone!My husband and I bought a live and flip house (foreclosed) about 2 years ago. We are looking for our next real estate adventure now and considering selling our house within the next 6-12 months. We fixe...
Has anyone done a tax deferred 1031 exchange? What a great way to increase the quality and equity from your portfolio.Suppose you have a stable of 5-10 properties, maybe low income and there is about $100,000 in poten...
Hello all,I am figuring out my financing right now but i have a few (5) properties in mind but two that i want to get ASAP. Property 1: $100k purchase, $20k rehab (family members works as contractors thats why this is...
I am a fairly new investor with a few SFHs under my belt. I have walked away from deals before when I thought the value wasn't right. I've read about the 2% rule and a few others when buying potential rehabs. My probl...
6 unit MF unit in desirable area$1.5M asking price4% Cap35% OpexEstimating 10-15% rehab costsEstimating rent increase 30-45% after rehab2% YoY rent increaseLow vacancy4.5-5% CoCRAll cash syndication purchaseRents shou...
Hello all, so I'm finding that what looks like an easier way to get started in this world is to go to the areas no one else is willing to go. I keep hearing the term "slum lord" in reference to people who own multiple...
8 unit (2 building) property. Total rents approximately $7075 per month, $85,000 per year. Carports and off street parking. Annual expenses $12,200 (taxes, ins, landscaping, water/sewer, trash). Cost - $499,000 withou...
Hi guys, I am currently an assistant college basketball coach diving into real estate investing. I have been running deals over and over specific to my market. I have currently landed on a great deal. It is a singl...
Hi All,
Can anyone refer a local long-term lender for the Cleveland area? The criteria I am looking for is as follows:
1-4 unitsAsset value or ARV = $100,000 or lessLoan at 80% LTV, so $80,000 or less (could do 75...
I need some help selling my personal home with owner financing. It’s in Northern NJ and I’m having a hard time finding any buyers. Is there somewhere or someone specific I should be marketing to?