I’m under contract on a duplex in Florida and the lender I spoke with is requiring 25% down because it’s an investment property. They said this would be the case with most if not all lenders. Is that right? I’d like t...
Hello,
How long should you generally let a house sit on the rental market before selling it? It's a recently redone house, we've lowered the price, tried to advertise more, fixed a few more things. We're using a pro...
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My name is AJ Smith and I'm a 3rd year college student studying Accounting at the University of Iowa.
I'll be interning in Minneapolis this summer, and if all goes well I'm planning on using an FHA loan to h...
Hello all,
I am wondering what to do. I purchased 2 rental properties (my first) and didn’t realize how much a tax reassessment would affect my numbers. I was told by someone in the auditor’s office that a sale wou...
Hi All, I am in the option period for my first duplex(full rental property). The inspection report came back, and there are a ton of deficiencies( roof in bad shape, pier and beam findings suggesting movement of the p...
Hello everyone, looking for someone who does market analysis to determine whether the area/location/lot is the right fit for the mobile home park development? If you know someone please direct me or connect with me. T...
Considering selling a rental unit to pay off my primary residence. I have 2 townhouses in a very good area about 4 hours from my primary residence. From the outside the two combined look like a duplex and share a co...
Greetings!
I am seeking the knowledge and experience of seasoned Multi Family Investors.
Investing in Multi Family Buildings has been a dream of mine for several years. A few months ago I graduated from dreaming to...
I recently attended the Note Expo conference in Dallas which is annual event which provides me a basic snapshot of the landscape for distressed mortgage debt. Although most of the presentations were more operational i...
I have an opportunity to buy a single family home is Greer, SC. Price is $156,000 (no realtors involved) 3/2. Perfect rental, turn key. It is currently rented for $1250 but I know I can get $1395 as I have a similar s...