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Hi!So Ive been banging my head against the wall for months trying to figure out how to obtain my first investment property.Looking for owner occupied.If FHA, I understand mortgage may be assumable. Just an example, If...
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Hello, everyone! First off, thank you for reading and taking the time to educate. I am considering purchasing a single-family home off of Speedway and Arcadia and am having a difficult time finding rental info about t...
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I recently had a Q&A session with a respected Missouri investors with a 100+ units. One of the key statements that individual made in the conversation was "You're not even getting 1% of rents in your market, ...I ...
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I have an Opportunity to purchase 5 unit mult-family property in need of substantial rehab. Currently the property is empty. Comps show ARV of the 5-unit is $607,000. Monthly Revenue potential is $5200/mo. The purc...
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My parents bought a rental back when I was in college and now they're going to give it to me. My name is already on the deed as are their names from when it was initially bought.
I'm trying to figure out the best way...
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It can be a nightmare. My association has been self managed since the developer turned it over to the Owners (12 yrs ago). We have had our secretary in place since the beginning (12 YEARS).Her husband a former fire c...
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I am thinking of purchasing a 25 unit group of mixed properties in one town. 2 small mobiles, 1 SFH, multiple duplexes, 1 quad, 1 8-plex. Total 18599 sq foot. Purchase price $1,000,000. Repair and closing cost estimat...
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I'm working on listing a commercial property for sale. One of the brokers I'm talking to prepared a doc showing a comparison between a comparable sales approach, and an income (cap rate) approach, to estimate value pe...
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Hey everyone, it seems like it’s difficult to get the full mortgage covered + cashflow while living in the other half of a multi family. With the interest rates right now it’s even difficult to just get the full mortg...
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If there is a house owned by a trust and all three trustees currently have ownership of it. Is there a way to buy out one trustee without triggering capital gains taxes?