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This would be our first property. Am I doing these numbers right?
Owner will sell for 215K.
Gross rents = 2600
Expenses and NOI = 1300 (50% rule)
P&I = 1121 @ 4.75% 30 years
If financed 100%, we'd have 179 cash ...
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Okay,
So I am currently living in Charlotte, NC. I have a 3 BR 1 BA, around 1300 sqft. I am looking to rent this out and potentially buy another home. This is the first time that I have ever done something like this ...
Hello, BiggerPokets Community!
I hope you're all doing well. I have a concern and would greatly appreciate some guidance from those who have experience with FHA purchases, particularly when involving family members.
...
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I am using my SD IRA and need to create a Promissory Note secured against Real Estate. Does anyone have any resources or examples of such a note for Texas? The custodian also ask for a Mortgage, HUD/Settlement State...
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Hello, I’m new to the forum and looking for a great company that can assist in converting my 401K into a checkbook controlled Self Directed IRA? Any leads and or advice?
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I will earn $25,000 a month wholesaling real estate deals. I will allow myself one year from my birthday to achieve this goal. I will give my children a home of their own and something to inherit when I pass on. I wi...
Hi BP!New poster but longtime lurker/reader/researcher. I live in Aurora, CO and currently manage two properties:A 2/1 condo in Golden, CO owned by my familyPurchased in 2006, I lived in one room during college while...
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We've had a long-standing, complex medical situation with our family that has turned into a family emergency. Our 32-year-old daughter-in-law, the mother of four young children, has developed breast cancer. We need ...
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I'm looking at a rental. Here's my analysis:
https://www.dropbox.com/s/a53xqujtbgv7o4u/Rental%20Property%20Analysis%20-%20ghosted.pdf
Anybody see problems in the figures?
Details:
+ Very desirable part of Northgate...
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This last week was a busy week for us. We closed on a 6-plex, a mobile home park with 10 units (29 pads in total) both in Florence, Arizona, and 2 single family homes in Winston Salem and Greensboro, North Carolina.My...