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I've been told by a few local lenders that the only conventional loans available for investment properties (duplex or triplex, I will not be living in the property) are 15 year fixed or 5 year ARM. However, I hear/re...
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Investment Info:
Single-family residence fix & flip investment in Marietta.
Purchase price: $212,000
Cash invested: $265,000
Flipping, 3 bed 1 bath just under 1000 sqft. Reno includes Plumbing re...
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We are buying a property off of my niece that she just inherited. She has agreed on a price is allowing us to rehab and sell it to someone else form a profit. At that time she will take her agreed upon amount and we w...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $650,000
Cash invested: $232,000
1631 Babero Ave. San Jose CA
We purchased a small post WW2 house with a weird lay...
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I understand that the first thing everyone will say is “Don’t pay it off and leverage more properties” but I’m curious how to correctly establish ROI on an investment property. If I pay it off, I’m at least saving the...
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Legal question: if property A is uphill from property B, and Property A has a culvert type of system that feeds into a pipe and dumps storm runoff into property B and that runoff is causing erosion issues for property...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $220,000
Cash invested: $10,000
2nd home that was also a triplex. Every time I move, I don't just go for the...
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There is a house that was foreclosed in May 2011 - bank value listed on MLS as 525k. I know that the previous owners just moved out a couple weeks ago (I have a friend that lives in the neighborhood.)
A home with th...
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I recently received an appraisal from an owner of a commercial property I am interested in. The appraisal was done 6 months ago for a pending offer that fell thru. This is my first step into multi-family, so I have...
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I’m currently in the process of saving money to buy a house in Muncie, Indiana. I won’t be able to make the purchase until roughly 2 years from now but I was wondering if Muncie is better for renting properties or if ...