Sean Cassidy
Package deal that doesn't make sense... Or does it?
So, here's an interesting thing I came across recently. I've signed an NDA so can't share locations, addresses, etc. But numbers to a theoretical deal.Like the title says, those are the properties in a nutshell. 17 a...
Nick Zocher
Do Back Payments Matter To Mortgage Balance Bottom Line?
Extremely newbie question, but I'd love clarification.I was speaking to a lead today who's bank statement said they had a remaining mortgage balance of around $500,000. The statement also highlighted that they had $60...
Nicholas Trusty
First flip out of state
My twin Brother and I acquired a property in West Carrollton Ohio for just under $7,000. We are both active duty army and live out of state. This property is in need of some updates and repairs and we are looking to r...
Debra Steward
Quit Claim it or forget the deal
I tracked down the seller for this property I want. He will sell me the property for $500 bucks but only as a quit claim deed. I checked the property and it needs about 30K in repairs. My concern is there is a mort...
Oliver Martin
Should I sell? Vegas
Bought the house in 2012. Remaining balance is 250k on a 3.25% FHA loan, eligible for pmi cancellation in 2 years . Mortgage is $1670/mo including pmi. In two years, mortgage may lower to around $1300 after pmi cancel...
James Black
Sell rental to purchase more?
I have a rental property that used to be a primary residence that I have been renting for 6 years. I could probably get between 460k-480k for the property and owe 309K. It has a CoCROI of 0.89% and a monthly cash flow...
Hal Cranmer
Got a response to Direct Mail..Now what?
I sent out 100 yellow letters and apparently they hit today because I got two calls from free and clear homeowners. Both seem like they are retirees
One said that her home is 'ugly', she owes $20K on an insurance lo...
Tim Bodnar
1031 Exchange Funding Vacation Rental
I am under contract to sell one of my rentals which I need to 1031 exchange into a property for over 700K. The problem I am having is that most my properties are vacation rentals and despite the fact that they all gen...
James Smith
Should I buy or rent my second house?
Hi everyone, not sure if this is the right sub-forum so please point me in the right direction if it isn't
I own a home in Philadelphia that I purchased a few years ago and unexpectedly have to move given that I lost...
Giovanny Garcia
Horizon City/El Paso Texas
Investment Info:
Single-family residence buy & hold investment in El Paso.
Purchase price: $177,000
Cash invested: $20,000
My very first real estate purchase. This is a 4/2.5 SFR in Horizon City...