I have two people buying MFRs at very similar price points.One is evaluating FHA 3.5% down v 25% down.FHA allows him to keep $130k more in his savings account, at the cost of paying $1221/month.Let's treat that $130k ...

I want to make sure I got the full understanding when it comes to Partnership Financing. Please if anyone can fill in the gaps. 1.) Fully Equity Partnership is mainly used when flipping Houses. You use the funds of...

Hey guys!What does everyone have for coverage for homeowners insurance on their rental properties? I’m about to close on my first property shortly and comparing quotes I’m not sure what is needed/what isn’t or if it’s...

I have a condo that I am trying to rent out but my capex estimation is leading me to break even ($300+ per month). $1289 mortgage$1600-$1700 income The appliances are in great shape and some are new but there's a heat...

Hi all...the description says a quick summary but right now my wife and I are renting a house from a couple in their 80's. They agreed that it would be ok for us to bring in some friends/roommates as long as we don't ...

My girlfriend and I own a 2 bedroom, 1 bathroom home in Appleton, WI. We purchased the house for $90,000 at a fixed rate of 3.75% for 30 years. We pay $590 a month for our mortgage. We owe $74,000 on the home. We're t...

I know everyone plans to win and due diligence is key to reducing loss in real estate. Either way there are times you will lose money, be it due to bad judgement, emotions, markets, under calculating repairs or over e...

I am hiring a handy man to make some simple repairs on a mobile home. Including installing baseboards, fixing a hole in the subfloor, installing two light fixtures, and installing carpet in the bedroom...about 120 squ...

Hello,Long time member, first time poster. I am an out of state investor that currently owns four (4) properties within the Detroit city limits. I bought the properties during last year's Wayne County Foreclosure auct...

Hi
I was wondering if any of you have experience in handling this situation, seems to be a common case.
I am in the process of purchasing an investment home. The seller is willing to offer the seller credit/concessi...