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In 2021, I purchased 3 residential properties through a single land contract deal (2 SFHs and 1 Double). The sale was 121,400 @ 2.5% for 10 years. This breaks down my mortgage payment to be around 1,200 a month, with ...
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Hi I am Lynn . I have moved to suburban of Chicago for a year and is interested to invest in Chicago neighborhood . I am not familiar in Chicago neighborhood . The rental income makes sense in cheaper areas. However ,...
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I found a foreclosure nearby I am interested in making an offer for. I was wondering with other peoples experiences of what a good offer to be accepted could be? The property is listed for $130000 currently, with one...
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Further Analyzing rental property. Purchase price $50-60k. Low income area, not a warzone. Not counting on appreciation. Rehab 15K. Here's my #'sHome rents for $900 per month (5-10% below MR). Vac 10% ($90), maintenan...
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Hello all, I was considering a cost seg but my CPA is telling me that is it not worth it given the cost of my property. This seems out of line with what I see on social media so I was hoping to get some other folks th...
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I am searching high and low for funding for my first short term rental. I am under contract, and the first lender I used to get the pre-qual denied the deal once all documentation was submitted. I'd been working with ...
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I have been trying to combine the lessons from David Greene, Grant Cardone, and Jonthan Twombly and apply it to my own strategy.
Question:
Is it possible to find a market that is experiencing a population growth...
Does anyone know of any classes that could help with analyzing multi-unit properties? This could be anything from a actual multi-unit or real estate, to a math or statistics class?
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If you get something with owner finance or lease option how do you know when you'll be able to refinance? Is it usually a matter of your overall debt to income ratio and it's length of history? Or is it just the incom...
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This ad is for a property that I'm familiar with regarding location/address.Ad: Older 4 plex, approx 5000sqft, needs updating, selling as is. Selling due to health issues. Asking $259,000 negotiable. Email for details...