Hi Forum,I've been dabbling in investing for the past 5 years.  I moved and kept my former primary residence as a rental.  My current primary residence has a garage that was converted into a 1 BR guest house decades a...

Is it better to buy a property with tenants already inplaced by the previous owner or find a property to use the BRRR strategy? I understand that with tenants, I should take into account the cost of rehab once the ten...

Hey everyone-My wife and I recently were approached by someone who offered to sell us their 4-plex in Dexter, MI.  Dexter has been one of the fastest growing markets in Southeast, MI and is a great little town. My wif...

Hi there,i'm interested in a small and older apartment building. I've approached the owners to talk about the property, he has indicated that there is an oil tank on the property. Hopefully some people with experience...

This is a great site, just discovered. I
am going through an arduous process with WAMU myself.
My case:
I have a Condo (primary residence)
1st and 2nd mortgage with WAMU
total owed: $680K
I knew I would get into troub...

Hello, I am a newer investor and my wife at I our looking at our first 4 unit home. Its a 4 unit in a nice area, listed at $225,000, doesn't need any work and is fully rented at $3,200/mo.

Details:

Tax...

Newbie here and suspicious of a "great offer"

Hippoze is the primary LLC formed for the purpose of purchasing, managing and selling real estate.

Smaller feeder LLCs managed by GM's will have their own LLC under the ...

I came across a property that a client saw and went to check it out on the MLS. The property was not on the MLS yet, and I found out that the property was an REO. Being that their was a paper on the window of the pr...

Hi,

Does anyone know how lenders factor in S-Corp loss for DTI ratio calculation? Do they take the loss, divide by 12, and add it to the debt portion of the ratio?

My apologies in advance if this has been asked befo...

Hello, I have a question and would greatly appreciate any feed back I can get.So I went to see a property about a deal where the seller is requesting 55K for property.He buys and flips as well and he completely renova...