Let me know what you think of this deal...it's a tiny bank owned 2 bed/1 bath cottage.  They were initially asking $31k and I got it under contract for $20.9k, I asked for another $5k off after the inspection and the ...

My wife and I just made an offer on our first investment property and we have a few questions regarding our potential investment. First some background on the property, this property hit the market just a few days ago...

When you run your numbers for calculating CoC ROI, do you consider money used from the HELOC as cash invested if you drew from a HELOC for a down payment? i.e. If I purchase a 500K house, and I draw 100K from a HELOC ...

Hello all, Paul Hearn here, and I'm finally getting involved in the forums after spending a long, long time (too long) doing my own research and getting up the courage to go for it! I should have jumped into the forum...

This is an amazing site with lots of information and knowledgeable, experienced people. I am hoping you can share your thoughts and sound advice on what is a wise investment choice between co-op, condo and multi-famil...

What info do you request from the seller BEFORE making an OFFER on a Multifamily Property? (First time buyers)He's told us: (by word)- His Asking- What current tenants are paying- What he's paying for Garbage PickupI'...

Greetings!I’ve inherited a 1900sqft 4/1/1 in Crossnore, NC on 3 acres of land. The house needs more work done to it than any comps would place the valuation at ( ~300k work/comps range around 250).my question is does ...

Hey guys, I'm looking for a little help on a deal analysis for a 4-plex that I have my eye on. It looks good to me, but nothing gets by the Deal Analysis Forum.

Here are the details:

Asking Price: $230...

We're cancelling a line of credit on a property with no mortgage, because the required flood insurance is crazy expensive and won't help us anyway. Thieving bank want $100 just to end a $0 balance loan! This line is m...

Has anyone re-developed their primary home? I go back and forth with taking the lot we have and developing it from a single family dwelling into a duplex or triplex. Would I have a better chance of financial approval ...