Account Closed
Do I Purchase A Duplex Or Resign My Lease?
Seems like a simple answer, but we have a couple of complications:
1. Lease term ends on December 31.
2. We don't have funding lined up, nor do we have a property under contract- just a plan to purchase one.
3. We c...
Donnie Baer
Inherited Property, house, and store...need help
Before I start i inherited property but trust me I worked me butt off at this business to get it where it is today so it wasn't just "given to me".
So I posted before on this but the terms changed.
My grandma is giv...
Mark Boettcher
Insurance for a duplex with an outside stairway.
I was just informed that the insurance for one duplex (with an outside stairway to the upper) will cost as much as two other mixed residential/commercial properties combined. Anyone experienced this? I had Rural insu...
John Suralik
Buy and hold investors, did you sell to move forward?
I'd like to hear from buy and hold investors as to whether or not you've sold property to move your portfolio forward and looking back was it the right decision? I posted some details of where I am at with REI. My goa...
Lou Jo
how to buy a house without a job ?
I found a very good deal on a 2 family house which can provide me a cash flow positive. Problem is I don't have a job at the moment as I am living on the cash flow of my 1st house.What strategy can i use to convince a...
Judy Walsh
Made the decision and bought the first of many
Investment Info:
Single-family residence buy & hold investment in Narragansett.
Purchase price: $300,000
Cash invested: $50,000
GFour bedroom raised ranch. Niche rental community near University...
Andrew Boehmer
Calculating DTI with Imputed Income
Hey All, I have been looking into conventional homestyle reno loans and while running numbers to determine my potential back-end ratio i had a thought; does a conventional lender take into account imputed income when...
Atta Bari
recession proof rentals in DFW
Still a newbie and try to cheery pick first rental. On this journey for almost 6 months, been through few properties and made an offer on one which didn't work out. Meanwhile, trying to learn and network as much as I ...
Andrew Magallanes
Having Trouble Picking A Market
Hello, everyone I live in southern California and have three markets I want to invest in which are San Diego, Fort Worth, and Miami. The problem is I don't know really even know if theses are good markets for apartmen...
Patrick Rowe
Need help analyzing this deal
I need some input on this Duplex deal. I have a banker that will do 100% finance on them for 30 years at 5.75 interest rate. The seller has owned this property since 2005! One tenant has been there 20 years. Wood flo...