Hi, let me introduce myself. My name is Steve, and I am in the middle of purchasing my first rental property - a Freddie Mac Homesteps foreclosure.
It is a duplex, with tenants currently living in the lower unit. ...

My partners and I are currently looking at our first deal in the hudson valley area. The place is a two family home (3 bed room, 2 bath) currently generating $1000 per door with existing tenants. The problem is that t...

I am looking at an 8-plex that could be a pretty great deal, but...  It is filled with elder people on social security.  I don't feel right buying it and booting any of them out and since they are on social security t...

Does anyone do move in specials for their rental units? I have been considering doing something like $100 off the first month's rent or maybe a lower rent for the first 3 months of a 12 month lease. Have you had succe...

I always hear people talk about refinancing a property, not for a lower rate, but to cash out their equity? Can someone explain how this works or give me an example? I don't understand how it works. I do understand re...

I have a rental townhouse assessed at $114,000. Bank loan at $121,000. I'm $200 out of pocket each month to meet the mortgage and it needs a new roof. Wells Fargo owns the loan, but Bank of America services the...

I recently talked with a person that has a number of SFR and they would like to sale them on owner carry contracts but was informed they can only have 5 contracts of this kind. Unfortunately they have five owner cont...

I have a scenario that is playing out. I want to get some outside perspective from other investors, lenders, etc.... ideally from people with experience in Canada, but of course, not mandatory. Here is my Situation:In...

Looking for input on this deal I have under contract. Here are the facts.Home price :736,000Rate:5.75Cost for rate:14,000Down payment :25%prop manager:25%Property is in NH the property is 10 beds with an indoor pool a...

I purchased a duplex.  The seller provided a phony lease for $1,071.I come to find out that the tenant was section 8, the real lease that section 8 has is for $867.We have now found out that the seller had a promissor...