Johnny Khoury
Analyzing an apartment complex deal ?
I need help analyzing this deal. to see if its worth it. my first time buying an apartment complex and not sure what to look for?PURCHASEPurchase Price: $ 499,900Amount Financed: - $ 399,920Down Payment: = $ 99,980Pur...
Patrick Nolan
Financing Long Island
SCENARIO: I’ve got a 2 Fam on Long Island that I bought in 2012 with a 203k FHA loan. Purchase price was 315k, 140k improvements ... roughly 460k starting balance down to about 360k now with a rate of 4.25 30 yr fixed...
Evan Bermudez
2nd yr law school student/want to buy first investment property
I have a year left until I graduate from law school and plan on moving to Charlotte, NC when I graduate. The plan is to house hack my first property to get my investment path started. My undergraduate degree is in fin...
Sam Trulli
House hack using rental income from one unit to qualify for loan
Hello everyone, I’ve been looking at possible duplex deals in my area to House hack. The problem I’m having with my lender is my income is not the greatest. I’m wondering if it’s possible to use the rental income from...
Mert Icgoren
Best city and state to buy a property for cash flow ?
Hi there, Where do you think is the best city/state to buy a property with a positive cash flow in the current environment ? thank you
Braden Miller
First Fix N Flip solely for investment in small market
Investment Info:
Single-family residence fix & flip investment in Myrtle Beach.
Purchase price: $78,000
Cash invested: $35,000
Sale price: $151,500
3 bed 1 bath with large bonus room in small...
Yoseph Kalman
Small loans for commercial property in Chicago market
Hey guys, I'm a first time investor sill learning the ropes and building my rolodex. I found what appears to be an interesting investment property for my first deal. Its an 8 unit apartment building (all 2 br) that ha...
John Wallace
1031 and qualified intermediary
Please post your experience doing 1031 exchange and who you used as qualified intermediary (or not use). My parents have been offered $300k for their cabin, the taxes would be $65kish. Thinking they should exchange. T...
Kevin Yang
How should you categorize your business expenses?
Hey guys,Me and my partner have been setting up our property to start doing business in short/mid term rentals! We have a lot of business expenses such as labor from contractors, appliances, furniture, tools, etc. We ...
Account Closed
HELOC for cash purchase: Exit strategies?
Has anyone used a HELOC to make an 'all cash' purchase on a property? I think an 'all cash' purchase can often give you a better deal, but the last thing I want is to have a house on a variable rate given interest ra...