Hello all,
For all the great content on here, I sometimes feel there could be more information about what happens between making an offer and closing. So here's a quick overview:
After the offer is accepted, due di...
Hi everybody! I am looking for a property to invest my money into an apartment building or mobile home park. Since I'm temporarily limited physically and don't want to wait until I'm better, I was hoping to be a passi...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $776,000
This is a 4 unit townhome complex. Each a 1350 sq ft 3/2.5. Brand new build. We're purchasing from the ...
I would like to learn from someone with experience preferably in the lending department. I am having troubles on figuring out how to effectively execute a HELOC strategy for house repairs and for future investing.
he...
A lot of people want to use REI to escape their 9-5 and replace their W2 income so they can live the life they want. That leads to the reasonable question 'I need/want $7/10/15k/ month in free cash flow(FCF) from my R...
I'm curious what the day to day looks like for someone who invests in multifamily properties. I'm gathering information for my first purchase, so I'd like to see the kinds of things involved in running this kind of in...
120000 asking price with 40000 down is what seller wants. the 40000 is the payoff on owner note with his bank . ok, how can i work this so that the seller will do the deal without me paying off his note ? he only wa...
I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...
I closed on my 6 unit MF last November. I'm looking to cross collateralize to buy a second property, but don't know how long I should wait. I'm new and many recommend newbies stay away from such loans, however, I don'...
What is the general rule on the minimum salary someone should make in order to qualify for a rental? For instance my sfh rent would be $800 per month. Thank you.