Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...

We started last year and bought our first 2 side by side  Duplexes.  We did not have enough money at that time to renovate them but they were occupied and they cash flowed about $20,000 a year.  We bought the 2 of The...

I would love to hear comments and suggestions and creative counter offers on the following owner financing deal-6 unit (possible 7th) multi-family property in an older part of community. Old, not run down or "the hood...

Let's say you have your property, and everything is going according to plan with your REI. How often do you want your PA doing a walkthrough of your tenant occupied units? Is this allowed? If so, is there a difference...

I have a funny tenant story. I need you guys to tell me how you would deal with it since its an example of the little expenses that can eat up your profits.

My tenants were complaining loudly and often that their ho...

NEW YORK (Reuters) – Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.

The rest of...

Purchased a fixer and someone offered me $15,000 more to buy it as is. Since I just closed on the property - how can we get around FHA's 90 day seasoning requirement.

I just did this on another property - bought an...

http://www.dailyreportonline.com/Editorial/News/singleEdit.asp?origin=EmailRefer&l=em52306861103498323

Yet another communist freak has been exposed operating in Obama's inner circle. It's quite a show! Can anyone deny that Obama is set on moving this country toward socialism/communism?

Here's the very troubling video!

I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed ...