Hi,I'm nearing the end of my closing for my first 4 unit property (2 duplexes on one parcel). 3 of the units have tenants in place with MTM leases. I have a question that I feel like I know the correct answer to alrea...
ok so I need help on making this deal work or even if this is a deal so basically I found someone who wants out of these property an was going to sale using a realtor but I told her I would give her 15k an take over h...
A friend of mine is purchasing a single family property in a desirable suburb of Boston, MA with considerable room for equity growth. He's only putting 5% down and will be paying PMI as a result. On the other hand, I'...
I have a couple clients purchasing new builds in the Myrtle Beach area for rental, and I thought I'd share a few observations. First, they were both able to take advantage of year-end incentives through the builders ...
Hi guys, My partner and I are going to buy rental property in Midwest city, OK area, with 30% down, hoping to have a good cash flow. We are hoping to rent out for military. We also plan to pay off the property in less...
I am trying to build a checklist. What are your criteria when deciding to pull the trigger on purchasing a rental property? Red flags? Please add your own list of considerations, both major and minor.I am very new t...
Investment Info:
Townhouse buy & hold investment.
Purchase price: $515,000
Cash invested: $30,000
Bought as a primary residence with the intent to rent it later.
What made you interested...
Hi everybody - looking for some advice. I have an opportunity to buy my father's house from the trust. Here are the numbers Appraisal: "as is" - $1 millionIt will cost me $650k to get in: buy out family and pay off ex...
I have been looking at various 4+ unit properties on Loopnet. Particularly I was looking at a 12 unit for around $350k. I was wondering if anyone had experience with Loopnet and knew if some sellers offer seller finan...
Hi Seattle landlords. Does anyone list particular debt limits (like, "no debt in excess of $1000 that isn't in a payment plan") as part of their screening criteria? I'm wondering what is both legal and advisable in th...