Sammie Baker
Put Investment Home Under Our LLC?
My wife and I are closing on our first investment property in 2 weeks. We used a bank statement loan given that we are both self employed. We plan to use this property as a STR but it's currently under our personal na...
Chase Caudill
Advice on Older Properties
Hi everyone!Does anyone have experience with homes built in the early 1900s? I know they require more maintenance and to get a good inspection done. I'm just wondering if they are money traps? I can get great cash on ...
Yulia Volokhina
Is it a good idea to buy a high rise Miami condo for long term rental?
Hi,
Do you think it is a good idea to buy a condo in Miami high rise oceanfront/downtown area for the out of state investor? With intent to rent on annual lease? Which rental restrictions to be aware of and which ext...
Stephen Benskin
how much should i save up??
Hi, I'm wanting to get into real estate buy buying a 2-4 multi unit here in Colorado springs sometime in the next few years. I was wondering about how much money should I have in reserves if anything happens, for a...
Kyle Rosseau
Oakland 4 Plex - FHA - 60 Day Req
Hi all,I am hoping someone can help me out that has gone through this. I am about to enter into contract on a 4 Plex in Oakland, CA. I am going the FHA route and will have to occupy (owner occupied) the property wit...
Jerah Reeves
Binghamton NY - The Life Changing Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Binghamton.
Purchase price: $139,000
Cash invested: $11,500
My wife and I purchased our first property (duplex), complet...
Gary Erdoglyan
How Rich People Respond to Financial Loss
https://www.youtube.com/watch?v=eka8XP_0wBwHow would you handle a $2,000 water bill? or an unsuspected issue. I would think as a newbie like myself i would be panicking!Any specific advice?
Eric F.
Downtown Raleigh vacant lots
Hi everyone,I am purchasing a house from a seller in Raleigh. They have a few undeveloped lots on residential streets downtown they want to sell. I honestly do not know the value of the land enough to make them a fair...
Andrew Greaves
VA Loan for Multi-Family question
Hello!
I know that the VA Loan requires the owner to occupy the unit purchased. This seems like a grey area to me as it does not specify whether or not the buyer must occupy until the loan is repaid or the p...
Ray Ramelli
Condo
Hi All,I have a chance to purchase a condo for 50K or so for a buy and hold. Rent is 1200 - condo fees 358 - taxes 170 - insurance ?I will pay cash to purchase and my prelim cash on cash is around 10%Sounds like a no...