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Hi, I truly want to undertake REI with no intent of committing mortgage fraud --- but I want to understand more about FHA and USDA (still trying to build my credit and no investment property yet, with 10k allotted to ...
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Came across an office building in my area. The owner and main occupier of 70% of the building is a large tax firm. They had plans to move out of the building a year ago when it was originally put on the market, since ...
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Hello All. I currently came across a 16 unit apartment building that needs ALOT of work. It will be a full gut rehab, my contractor is thinking around 300k-400k. The current sale price 65k. The building ranges from 1b...
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Does it really matter the age of the property or as long as it's in a good location, up-2-date (ie roof, flooring, kitchen/baths, HVAC) and rentable? This would be for buy-n-hold investments.Up to now I never really t...
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Please give me your thoughts on this REO deal located in Cincinnati. This is my first property under contract and I am set to close in 2 weeks.
Purchase price: $9,100 Cash
Est. Reh...
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As you all know, I am new to this real estate investing arena. My question is if I get a Private Money lender to fund my purchase, How do I make money after flipping the property if they charge a rate of 12 percent...
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Hello all. I hope this is posted in the correct spot. I own a rental property in Sarasota Fl. Here are the stats:Single family 2/1/1Purchased for 159k in 2004Owe 115kMortgage/insurance/taxes/hoa are 1300.00 a monthCur...
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Hey everyone, naive newbie here. Since listening to BP, I have learned there are many more ways to be involved with real estate than I thought. Starting next year, I will be profiting around $80k per year after taxes ...
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Just closed on my first SFR property in Nashville. Now trying to make my second SFR investment in the Detroit area.Would love any feedback on what people think of the area and my assumptions/estimates here. Thanks in ...
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I know many investors are glad to get an 8% CoC return on their properties because it's still better than most other investments and it's a whole lot better than anything you can get from a bank or savings account.
H...