Account Closed
Cash-on-Cash 4.5 later 6.9%
Dear All,We are working and living in Switzerland and invested in Houston into our first cashflow real estate single familiy house which gives us a real Cash-on-Cash of 4.5% and if we would change finance from 6.75% i...
Patrick Goswitz
My heart hurts. BAD INVESTMENT
I bought a manufactured house and the land for 60k. I put in about 30k. I put it on the market and instantly had several interested buyers along with an offer for 140k conventional. Even though the manufactured house ...
Adrian Schlueter
New home build... HELP!
Possible deal in place through KB Home...
$126,990 is base line price...
tile entry
vinyl kitchen/utility/bath
carpet in living and bedrooms
energy star qualified home (more of a selling point t...
Account Closed
Lease Option question
Lease option includes what typically? Does the buyer pay insurance, taxes, maintenance, everything over $500 in expense etc. If there is a basic me mentor we are willing to pay for private lessons.
Alex Staunton
Loan for a 6 Family Rental Property? 15 year at 5.25%?
Hi, I'm currently under contract to purchase my first rental property, a 6 family in Asbury Park, NJ and I'm trying to secure a loan. Although I've looked (and made lots of offers), I didn't realize that it was a wh...
Tanya Brown
Please help me analyze this property
Hello,I am reworking the numbers on this one. It is a 5-plex and rents are below market value. Owner is currently paying water, sewer and garbage, but I excluded those expenses and instead will make that a fee for the...
Tim Budrick
Trying to Dump a SFR. Help!
I have a SFR house in a plighted neighborhood where the mortgage is more than what it's worth. I have rented it out for several years and made about 200/month on it. I currently do not have a renter in it and want t...
Sophie Mia
How quickly can you refinance (with new appraisal) after a property purchase?
Hi everyone,
Let's say I want to buy a property with the 3.5% down payment FHA program which would leave me with a large amount of mortgage insurance to pay every month.
If I buy the house under market ...
Darian Richardson
BRRRR: Refinancing Seller Finance Balloon Note
My Fellow BPERs and BRRRR Connoisseurs,I need your advice and expertise.Currently, I am looking into an off-market deal in Lawrenceville, Ga. The property is in need of repair ( roughly $22k in reno), with an ARV of $...
Craig Hanlon
CASHFLOW VS EQUITY
If your purchase earned you 20-30k In equity. Would you still consider purchase with a 6 percent return cash on cash. would be buy and hold property. just starting out here and not too much experience figuring out the...