I'm requesting feedback on my numbers, please:
Duplex @ 100k, Financing with Investor Mortgage w/25% down, Balance @ 5% on 30yr. No rehab required, currently rented, gross both sides @ 1300/mo.
Cash Invested (Down ...
Hi BP, I haven't been on here much, but I've been listening to all of the podcasts and thought I'd share an in-process success story (knock on wood). In December, I closed on my first single family investment property...
I get the purpose of LinkedIn for individuals like RE Agents, Mortgage Brokers, Contractors (to some degree) but do the rest of you REI "full-timers" use LinkedIn? Or is it really just another box to get checked?I'm ...
Hi all, We're closing on a 31 unit apartment building in Richmond, VA this Friday. The complex is currently managed by a live-in PM. We already employ a property manager who oversees our portfolio of 40 SFRs/duplexes,...
Investment Info:
Townhouse other investment.
Purchase price: $525,000
Cash invested: $37,700
This is my second HH located in Wheat Ridge CO. It is a 3bed/4bath town home. First lvl consists of gara...
Hey guys, I'm looking to buy my first apartment complex and I'm in search of some guidance on what exactly to do first. I found a 34-unit complex in a quality area. I have some basic info on the property such as cap r...
Should Vendors You Work With Be Licensed and Bonded?
Okay so I have analysis down pretty good but just some aspects are unclear to me about the actual process of how you separate the incoming cash between repairs and cash flow. I'll give a scenario because it's hard to ...
This was a buy-and-hold turned flip. About 6 months ago, I bought two duplexes that sat on one tax parcel (4 doors total). It was an expired listing that was in bad shape. Longer version of the acquisition story is he...
I was told by a lender via email that Federal law prohibits me from getting a HELOC on my residence if said residence has no mortgage. She was wanting to get me into a Texas A6 cash out style loan. I've searched high ...