Chris D.
fix and hold or duplex for new investor with cash...
Does it make sense for a first time buyer to buy a SFH, fix it up while living there, and then either A.) rent it out after a year or two or B.) sell for a profit? Would it be a better option to buy a duplex and do ow...
Samantha Simantiris
News Reported Previously-owned home Sales dropped 17.8% for 2022.
Wall Street Journal reported Sales of previously owned homes slid 17.8% in 2022 from the previous year to 5.03 million. Although we are seeing downtrend in home sales , there is some positive news. The average rate o...
Emin T.
Property management change
HiMy property management and his realtor close friend can't find a tenant for a shop in my commercial RE for more than 1 year. I am aiming for a refinance but without that tenant, appraisal will be low.What is the ave...
Sherry G.
Highland Park Property Purchase (Registered Sex Offenders/School)
Hi all, My husband and I have been looking to buy a duplex where we can occupy one of the units and rent the other, but I have some reservations on what otherwise seems like a great property and wanted to get your tho...
Heidy He
buy as a residential, change it to rental property later
Dear all,I am completely new to real estate investment and got a question here. Considering the higher down payment and interest rate for rental property, could someone buy a property claimed as personal residence in ...
Randy Clemens
Analyze sfh
I got an offer accepted at 66,000 for a sfh 4 bed 2 full bath. I estimate about 10k to fix it up. Rent will fetch 1000-1100 per month. Taxes are 2500 per year. I am putting 20% down at borrowing rate of 4.625. Does t...
Michael Valentine
Lenders - how would this you handle this applicant?
Hi guys!I'm trying to leverage my W2 job with a conventional mortgage for a property that either be a "second home" designation or an investment property (most likely SFR but might be a small multi 2-4 unit).I realize...
Hector Barajas
Is it a good idea to farm an area with low turnover?
Hello all! I am curious, as I am not an experienced realtor yet...Almost everyone suggests farming an area with high turn over rate. So I did this in my area, but noticed that a lot of others are doing the same.. Yes ...
Ryan Muska
Black Friday - Market Discussion
Happy Thanksgiving, everyone! Make sure to take advantage of all those Black Friday deals now!A brief summary of what we have seen in the past weeks and some pointers to discuss on:- Rates have dropped ~.75% MOM ->...
Jehanzeb Beg
Selling a property but want to change mind
So I’m in the middle of contract pass the inspection period and attorney review. Anyway as a seller I can back out still? Based on the market and rates today I don’t want to buy another place and want to keep the curr...