I just put an offer in on home that I am looking to hold and rent out and wanted to hear some feedback. For those familiar with the area and market it is a section of Plano a few blocks from downtown that is not exact...
Situation: I currently own a rental with 100% equity. Home is valued at $74,000.00 and currently renting the unit out for $900 per month. I would like to obtain a fixed rate HELOC on my rental for 75% LTV.
Numbers:...
Im a virgin landlord looking to buy my first rental and was hoping to get some feedback on my analysis before I make and offer. Iv over estimated the expenses that I have verified and under estimated the rents. Bu...
Hi guys! There's a duplex in outskirts of Akron area that has piqued my interest and I want your opinions on this deal...
1600+ sq foot Duplex, 2/1 down and 1/1 up, separate electric meters.
Upstairs was recently u...
I asked my realtor for comps for a multiunit I plan to owner occupy, buying with VA loan, and he said I dont need to worry about the value of the 4plex when the rents are more than enough to pay the mortgage. That doe...
Hi Everyone,I'm about to do my first RE deal with the help of my father in-law, acting as a mentor (he is a landlord and RE investor locally where I'm buying which is in/around Albany, NY).The deal is a short-sale, an...
Hello,I live in New York City and will be doing a deal in Philadelphia shortly. I've been told by several investors that an attorney is not required in Philadelphia. Can anyone offer any insight regarding whether an a...
A relative is planning to sell house in Louisville. What percentage can they expect to pay for commission? Any other fees that are common for seller to pay? If they sell house for 240K what should they walk away with?
Hello Bigger Pockets members!I am currently in the learning phase of real estate investing. I am ensuring to take my time when learning the ins and outs of real estate investing and the different types of strategies a...
Investment Info:
Single-family residence buy & hold investment in Clarkston.
Purchase price: $105,000
House was gifted to me by one of my customers, house was basically uninhabitable after he passed ...