I just received my inspection report today a few hours after the inspection and am within my inspection contingency time period. Unfortunately, I was surprised to learn of potentially expensive issues with the foundat...
Each new tenant I sign a lease with, always give me a new challenge to face. I recently signed a tenant on a month to month lease whom informed me that he will be changing his cell phone number hours after signing the...
As a part of due diligence on my first investment property under contract in Indianapolis, inspection report recently came out and it didn't come good as expected and probably typical for 100 year old home.Major issu...
This post is long, you've been warned.
Here is the orginal deal:
Purchase - $75,000
Down - $18,750
Mortgage - $56,250 ($285/month @ 4.5%)
Here's where things get a little more difficul...
We purchase an investment property, we had our own inspector come out to the house prior to closing and the hard money company we used also had their inspector come out to the home. We just found out when we listed th...
I viewed six properties after vetting listings before finding this one. REO 1300 sq/ft 2 Bd, 1.5 bath 70's ranch in a nice neighborhood/location that's desirable according to several RE agents. Converting to 3/2.5, re...
Hey Everyone,I'm really looking to get started in investing but, I am unsure of the best way to get started. I am currently renting an apartment but I would like to purchase an investment property before purchasing my...
I just bought a primary home. After I replaced the carpet on 2nd floor with Laminate, I see floor is not leveled. This was not in disclosures and real estate agent say she is not aware of it as well.What are my option...
Has anyone seller financed a property when you still had an existing mortgage? Is this legal?What are the pros & Cons?What are the situations someone would consider this transaction? (ei: better cash flow)Dustin
Hi folks - South Carolina (Greenville, Spartanburg, Columbia, etc) looks like a great market for buy-and-hold rentals but the property taxes are prohibitive for out of state investors. By my research about 6% of as...