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My agent just emailed me this news. "Lawful source of income" is now a protected class. Just a heads up to NY investors. I could see a lot of discrimination lawsuits because if this. My local craigslist is loaded...
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I recently got approved for private funding. My partner and I are looking at an 8 unit in Jacksonville, Florida. We’re newbies and need some advice on the next steps to take. Contact the listing agent? Send an LOI? Wa...
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Would love some feedback on a property I just put an offer on:$130000 price tagPutting 25% downTaxes are $1676Has an adjacent dwelling on it so the total gross rent income is $1450Property Manager is charging me 10%. ...
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I'm looking at this potential investment in a Duplex. It also has room for improvement in forced appreciation as well as income.View report
*This link comes directly from our calculators, ...
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This is a bit of a dual post between a new member introduction and starting out. My name is Jarid Sox. I am currently active duty in the USMC but will be transitioning out within the next several months. I have been l...
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Since you are able to carry only 1 FHA loan at a time, I thought that it would be reasonable to maximize its potential. I will briefly describe what I am referring to. Through an FHA loan, you are permitted to purchas...
Hi Everyone:I have been receiving some leads in response to my direct mail campaign for vacant land. As important as it might be to know what a GOOD deal looks like, I would bet dollars to doughnuts that it is just a...
I am new to the business. I have an opportunity to buy two 10 year old rental houses for $110,000 each. They both appraised for $145,000. They were constructed with 30 year roofs and are solid homes. The renters in th...
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I bought a SFR a couple of years ago for $140,000 with a mortgage, and after fixing up the house, moving out and converting it to a rental, I now have about about $200,000 in equity. Can I take a cash out refinance n...
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Hello,I am reworking the numbers on this one. It is a 5-plex and rents are below market value. Owner is currently paying water, sewer and garbage, but I excluded those expenses and instead will make that a fee for the...