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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $4,000
This was the first property my wife and I purchased. We previously rented this proper...
Hi all,
I'm preparing to buy my first property in GTA, Canada. I'd like to run these numbers by you to see if I'm fairly on track, or if I'm getting into a big mess. What do you think?
An example of a sem...
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I currently own several properties and getting ready the close on another this month. I have a great relationship with my bank. They do require 30% down on each deal and charge 5.25% interest. Upside is there is no is...
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Here's my scenario with hypothetical numbers. I'm in Spokane, WA.I have a $50K HELOC that is maxed out. I have a personal line of credit for $50K with a $0 balance.I can use a HELOC for a down payment on a convention...
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I’m on my 5th month owning my first duplex rental property. One of the tenants I inherited has been a tenant for 4 years. Per the last property manager she supposedly pays but always late. However, she is now almost 2...
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Hello,An investor called me asking if I wanted to sell my 4br 2ba SFH. I currently have a tenant and the property CFs roughly $300 a month. I have considered selling due to the distance of the property and where I cur...
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I think this falls under private lending but let me know if this shouldn't be posted here. I have one of my rental properties listed for sale. I received an offer to sell it for full price with seller financing. I can...
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Hi everyone,I've been following this site for some time now, and I'm excited to get started with REI. I'm in contract on a 6-unit multifamily property in Massachusetts, where I spend a good deal of time, that should g...
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So I'm wanting to develop an apartment building. I want to buy the land first and hold it for 6 - 12 months initially. Do banks still lend to land in situations where it won't be built on for a year?
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With straight line amortization schedules, interest payments decline over the life of the loan.Does anyone have some tips (or formulas, or excel tables) for calculating the actual interest collected if you buy a note ...