I own a SFR in Union city, CA. Its market value is 1.1Million. I have a 30 year fixed mortgage at 3.375% on it. Outstanding balance is 470k. I have been renting it out in the range of 3500 to 3900 per month for past 5...
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To anyone who might have experience with this,
Facts:
1. I have a fully executed contract to purchase a bank-owned commercial office condo for all cash, closing next Friday. (Roughly 2-week closing peri...
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My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps
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I have seen many articles on bigger pockets about Short Sale Riches, the McLaughlin and Jurewicz program, but what I haven't seen, is any evidence that anyone has achieved anywhere near the level of success that is pr...
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I just finished reading the Wholesaling Guide on BP for a second time, just to brush up on my Wholesaling knowledge. Now i'm back here, and seeking a final answer to the big question I know many other Noobies have abo...
Hi everyone I'm new here so sorry if this is kind of a drag. I am currentlly a high school student. My parents are well off people but work regular jobs in hopes of retiring at the usual 55-65 range. I came across the...
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Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?
I had always used the 50% deduction in other businesses, but ac...
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In case my fellow St. Louis investors haven't already seen this...http://www.stltoday.com/news/local/govt-and-politi...
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Hey Y'all, i'm tapping into the section 8 market out of state. and i'm thinking Detroit would be a good market for section 8 (please chime in if you know from experience of other markets that can be a good candidate f...
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Hi, I am interested in purchasing a MFH and this will be my first MFH. Looking at 15-25 units, purchase price of 1-1.5M, Property Class B or C (prefer B). I live in Portland, but open to buying MFH in other locations....