Mack Lane
My ideal first investment property.
Investment Info:
Single-family residence buy & hold investment in Bainbridge.
Purchase price: $53,000
Cash invested: $6,000
Sale price: $92,000
This was my first investment property. It was a...
Hament Raju Mahajan
Business Purpose Loan for a owner occupied SFR collateral in California
Is a business purpose loan which is secured by borrowers primary residence similar to a business purpose loan secured by a investment property?
Are there any special criteria which the lender has to meet for...
Account Closed
Run-around for 2 days with Energy Company after settlement
Hey guys, have a question here. I've been bounced around for 2 days now. I just closed, and I need to put the electrics into my name. However, I need to put it under my LLC name. When they hear LLC they keep giv...
Atta Bari
Analysis for SFR with mother in law suite for rental
Hi,Looking into a potential deal in white settlement, TX which has good cash flow and has two properties on the lot. Zoning is done as SFR and another unit at the backend is as a mother in law suite. Both units are se...
Jacki O
Help with creative refinancing
I bought my townhouse 4 years ago with a 5 year arm/interest only, in hopes of flipping it within that period. Over the last 4 years, I met my husband, got married and moved into his house. Selling the property has ...
Corey Backstrom
2 family duplex first investment
Bought this 2 family side by side unit in taunton ma I've lived in on side the whole time and had a tenant that was paying 1000. I'm in the process of searching and getting new tenants in here any advice as I move for...
Alec Stephan
6 Month Lease in Denver
Hello,I have a rental property in Centennial, Colorado (just southeast of Denver) that we just put on the market July 20th. We have received a lot of interest in the past 24 hours but nothing serious except one inquir...
Kenneth Silva
Going to try a hybrid BRRRR with a 203K loan.Need advice!
Aloha BP family. So I am a newbie in the REI world and want to try a unique BRRRR based on the current situation/ portfolio I have. Currently I have 2 single family homes. the 1st I rent out and the 2nd I live in. ...
Janelle Hicks
When is a building a lost cause? Rehab cost too high?
At what point is a property too far gone to rehab? I found an 9 Plex, fixed up it could be worth about 400k based on income valuation. But it needs EVERYTHING. Place is a dumpy/disgusting, been vandalized, no floors, ...
Briana Gilbert
Maryland investment properties
Hi, I’m currently in NJ but born and raised in the DMV area. I’m trying to decide to either A - use a FHA loan and find a place in Jersey that I can rent out in the long run, or B - buy and investment property in Mary...