Hi,I am looking for a property manager in Jacksonville. I spoke to a few over the phone and requested for their agreements. I was just curious about some of the terms in the agreement:1. Agreement is for 5 years and r...
Hey BP,If you have the ability to put together enough capital for a 20-25% down payment without a current source of taxable income for a rent property, what options are there for financing? Thanks!
I have owned (2) single family residence and (1) commercial building for several years. The commercial property is paid off and the SFRs have low mortgage balances. I have positive income on all the units. I’m have b...
Found a deal that needs to be closed before I can get financing lined up. Looking for advice. I will give yeah my current details. Deal: Purchase price of $45,000. Option 1? I am in a position to close quickly w...
I am looking at a property that is being sold for $34,900 and it needs around $6,000 in rehab. T estimates ARV for $50,000, but where it makes up for a low value is in renting. It has a 48% cash flow every month. Can ...
I have an opportunity to purchase a vacant land property that was owned by 3 brothers as joint tenants (no right of survivorship) I'll call them A, B, and C. A and B died and thier 1/3 interest in the property is le...
What would you do if you have home equaty in your primary house and want to use it to buy rental property for investment reason? How does equaty loan work today (for example if my home is worth $600,000 and I owe only...
I'd love to retire but need about 60,000 income a year to be comfortable.Don't really like the idea of being a landlord,but it seems to be the best plan.Would love to use a property manager or management co.Thinking 6...
I am still new so I don't always see if something is doable using crei. I found this beach condo with the following ad. Only one comp and it sold for $212---Looks like it is an investor comp tho because it was sold by...
The duplex is REO (2 yrs vacant), 6 bed/4 bath/2,200 sqf. Purchase price= $44,900. Est. repairs= $35K. My COMPS: There are six duplexes, exactly the same, on the same block, but no recent sales:$115,000 (sold 10/2004)...