Eric T.
Analyze SFH rental deal in Houston - Good enough for starter?
Hello BP nation!I am working on a deal for my first rental property right now. Please help take a look if the numbers make sense. This is a SFH deal. Offer Price: $110,000LTV 75% with 4.75% interest.Amount I put down:...
Joseph Calvano
First rental deal analysis, tight deal in Plano, TX
I just put an offer in on home that I am looking to hold and rent out and wanted to hear some feedback. For those familiar with the area and market it is a section of Plano a few blocks from downtown that is not exact...
Michael Allen
Real Estate Investment Question
Situation: I currently own a rental with 100% equity. Home is valued at $74,000.00 and currently renting the unit out for $900 per month. I would like to obtain a fixed rate HELOC on my rental for 75% LTV.
Numbers:...
Sean Malone
I think I found my first deal. Can you check my numbers?
Im a virgin landlord looking to buy my first rental and was hoping to get some feedback on my analysis before I make and offer. Iv over estimated the expenses that I have verified and under estimated the rents. Bu...
Gordon F.
Deal or no deal? Akron area, first time...
Hi guys! There's a duplex in outskirts of Akron area that has piqued my interest and I want your opinions on this deal...
1600+ sq foot Duplex, 2/1 down and 1/1 up, separate electric meters.
Upstairs was recently u...
Michelle Marty
Multi-family Question
I am interested in purchasing a 4 unit townhouse style building. 3 of the units are occupied. I called the listing agent and asked if I could view the units. She said the tenants were unaware the property was for sale...
Jenny Duclair
Realtor Advice
I asked my realtor for comps for a multiunit I plan to owner occupy, buying with VA loan, and he said I dont need to worry about the value of the 4plex when the rents are more than enough to pay the mortgage. That doe...
Steven LaLonde
My First Short Sale and First Deal - Questions (Newbie)
Hi Everyone,I'm about to do my first RE deal with the help of my father in-law, acting as a mentor (he is a landlord and RE investor locally where I'm buying which is in/around Albany, NY).The deal is a short-sale, an...
Yusuf Wilson
Philadelphia deals
Hello,I live in New York City and will be doing a deal in Philadelphia shortly. I've been told by several investors that an attorney is not required in Philadelphia. Can anyone offer any insight regarding whether an a...
William A.
Commission percent - Louisville
A relative is planning to sell house in Louisville. What percentage can they expect to pay for commission? Any other fees that are common for seller to pay? If they sell house for 240K what should they walk away with?