Brett Morgan
Starting w/duplex
I am a recent college grad and just resigned my lease for another year. This gives me the time to save up some cash from a new job. I am thinking about cosigning with my parents for a loan to purchase a duplex...
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Ryan Moran
QUADPLEX - For a first buy?
Hey guys! I'm looking forward to your opinions on this one. This is one of my first few analyses, so go ahead and be honest with me! The more advice/opinions the better.Property is a 2,300 sqft quadplex located in ...
Brian Mathews
Thinking about buying mobile home for rental
I've run into a situation where I might be able to buy 1-3 mobile homes. 1 single wide for around $20K and doublewides for $24K. You have to leave them on space which is $320 month and single rent for $825 and doubl...
Lilia Matlov
Risks and Opportunities Coexist
In the current market environment, is real estate investment still a prudent choice?
Jack B.
Thinking of buying two more rentals with larger DP to max out my conventional loans.
Is this a good strategy?? Read on to find out WHY I want to do this..
I have 8 houses. I'm considering buying two more rentals so I can max out my conventional loans while I'm working a W2 job.
I'd put down 200K o...
Justin Jolliffe
The fastest way to eliminate PMI?
I'll cut straight to the point:I am purchasing a 3 family to house hack and I want to get rid of PMI as soon as possible. Here are the numbers.Purchase Price: $335,000Gross Income $3600.I have the money to put down 3...
Gillian Scott
Should I sell or rent?
Hi everyone, my name is Gillian - just turned 27 and I work in the architectural field, but looking to also move into real estate investing. I'm pretty much as green as they come, so I'm looking for some advice. I hav...
Victor N.
Need Help With Owner Finance Deal
This contractor I met when he came to give me a quote on a new project, offered to sell me a 1BR condo he owns. I said I would only be interested if it is owner financed and he agreed.Asking $55,000 which is close to ...
Mike M.
How to deduct labor expense with no EIN?
So the majority of all of the contractors or people I hire to help at my rental I pay in cash because they don’t accept credit card or check and they don’t have an EIN. Another example is cleaning ladies and or painte...
Erika Rogers
Calculations of renting out home
I am trying to make a decision on which direction to go to start out my investment journey.
Currently I am trying to crunch the numbers of what cashflow I would produce if I decided to rent out my own SFH. Currently...