I've been looking around this site for awhile and decided to make an account. Just purchased a condo three weeks ago and had tenants in for a week now. I'll share the financials and reasons why I decided on a condo ...
After a few deaths in my family over the past 3 years, I've inherited 5 properties. For context, professionally Stocks and Options is my career course and comfort zone. And although I've wanted to invest in real esta...
Hello all,As you guys can see by my status, I am a beginner investor and would like to hear from my experienced investors here on this forum, what would be the best move to make in this situation?My parents have finis...
If you lived in Michigan and found a 20+ unit apartment building in Detroit (or close by) that...
-has a positive cash flow
-is rented at below market rent
-has a cap rate greater than 10%
-relatively good shape
-O...
Researching whether it would be worth renting out my home (LTV 16%) vs selling it. If I refi, I can take that money for my next place that I would live in as long as current home is positive cash flow. But my question...
1 -What kind of terms can I expect to get on an 8-plex I am looking at? Financials below. Right side is today and left side is after I do a few changes to it. Its listed at 499K (too expensive) and I dont plan on pa...
Hey guys,I have everything ready for my first real estate investment. I have the property, contractor, HML, and everything in between that makes this deal ready to go. My only issue is that I do not have a proof of in...
Hello,
I have some questions about seller financing. Thank you for any help you can provide.
1. With this deal even be possible to structure: (not including taxes and insurance) I would like the seller to carry a lo...
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Hello All,
I am a re broker. I have a few clients asking if there are cash out refi lenders who will lend without having to review their tax paper work. I know that to be a stated income loan, but most of the le...