Caleb Jordan
Stumbled into first flip
My wife and I bought a home in Virginia June 2017.We had intentions of living there for several years. We had moved to a suburb of Richmond from Texas for a "dream job." offered by a friend who had a start up business...
Abhay Sachar
[Calc Review] Help me analyze this deal in Milwaukee WI in 53207
View report*This link comes directly from our calculators, based on information input by the member who posted.
Nick Brewington
New to Sioux Falls SD and looking for investment properties
Greetings to all!I am Nick , my wife and I are looking for investment properties in Sioux Falls, we are new to the RE game and this will be our first investment. We are looking for something turnkey or as close as pos...
Account Closed
$9k for closing costs??? Lender / Broker Questions
So I'm going through escrow right now and realized I'm pretty sure I'm overpaying for the closing costs. I'm being charged $9,071 and through research, it says that it's usually $3.5-7.5k. The house was $90k. Is this ...
Alex Whittow
Switching Primary Residence from Home Possible to FHA
Hi Everyone!I'm seeking out a Home Possible loan through Freddie Mac for my first home/multi-family property! It will be my primary residence and owner-occupied. From there, the plan is to live in this home for 6 mont...
Ken D.
How not to overpay for a value add multi
I've heard time and time again that value add multi-families are one of the best vehicles to build wealth. Look for properties with tired landlords who are losing money if possible. How are you valuing a property with...
Cindy L.
Have you sold a house that is not level?
I purchased a house in East Austin close to the airport to fix and resale. House on slab is not level... one bedroom in front corner of the house is higher than the rest of the house by about 3.5" to 4". Independ...
Andrew Merritt
Details and Questions on my 2nd REI Purchase
Hey All, I'm about a week and a half out on the closing of my 2nd REI purchase in Summerville, SC. Here are the details of the deal:First, I'd like to thank @Jeffrey Stasz for his help with this. We were skeptical of...
Nicholas J.
Off market cap rate question
I’ve come across a off market 12 unit apartment, for sale by owner. Sale price 660K. Current rent is 575/unit= 6,900/ month. Local market supports 625/month. Expenses are approximately 1,700/month. My question wh...
Clay W.
New investor - need advice
Hello - I have finally acquired my first rental property (a duplex) and I plan to get my feet wet and manage myself to not only learn but save money since property management doesn't pencil at this point.One renter se...