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Hey all,I just bought a new house in August, 2017. We moved in and remodeled the basement into a 2 bedroom unit. We added the 2 rooms, a bathroom and a kitchenette with brand new everything down there. We also did qui...
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I need your support! I recently came across an Absentee Owner/Turn Key Motel Lodge opportunity in Eastern Colorado. I know this offer is not standard Multi-family investment, yet I ran the Rental Calculator.As a Multi...
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My older brother is active military and ends his final term in August. My wife, him, and myself plan on moving in together and we are looking for a house. After talking with an underwriter, I was advised my debt to in...
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I own a home that used to be my primary residence, but when I moved I rented it out. I have years of payment history and long term renters... But my income isn't great especially in light of some medical bills I'm wor...
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I have experience in the residential real estate market, but none in commercial real estate or small businesses. A friend of mine is looking to sell a gas station he owns in a small town in rural Oregon. We are trying...
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Considering selling my duplex with high prices vs hold. Owner for 3 years, bought for 140k. House hacked and renovated units. All in for 165k. Could sell for 300k ish, mortgage is 830/month at 2.8%. Added detail, I’ve...
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How do you qualify for a second mortgage if your debt to income ratio isn’t high enough? Do they consider available cash? I would have to pay the holding costs from my available cash. I read something about creating a...
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Your LLC purchases a property fixes it up. Can you become the renter of the LLC's fixed up property ?
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Hello, I've identified a Duplex that currently has two tenants renting both sides. One side rents for $1,000 and the other for 1,200 per month. The existing owner is an old colleague looking to sell due to he's not li...
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Wondered if I could get some more experience REI eyes to look over my numbers. Something doesn't seem right—am I really not going to make any money?I'm looking to convert my current home (7 yrs old) into a rental.Curr...