Account Closed
Required inspections for 203k rehab loan?
I'm looking really hard at trying to buy a 4 plex with a 203k FHA loan. The property needs a lot of work before it can be habitable. Mainly it is missing electrical wiring, plumbing, and HVAC due to thieves.The realto...
Steven Segal
San Antonio - Underwriting to $0 on SFH
I was underwriting a couple markets as looking to purchase some additional SFHs. When I underwrite with 10% mgmt, 10% Repairs and Maintenance, and throw $100/month in the bank for reserves, I am seeing cash flow at ri...
Philip Ganz
Sold Condo in South Boston for 1031 Exchange
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $345,000
Cash invested: $40,000
Sale price: $605,000
A gorgeous renovated kitchen features white shaker style c...
Jordy Train
Small town, middle of Kansas, entering REI world
Hey there,Im smack dab in the middle of Kansas (Salina is the most major city near me), am about to turn 30, am saddled with 70k+ student loan debt, and am tired of just getting by. I saved up and bought a house for m...
David Flores
First BRRR Investment
Investment Info:
Single-family residence fix & flip investment in Weehawken.
Purchase price: $300,000
Cash invested: $5,000
This is actually going to be a BRRR when all is said and done. Got a ve...
Dave Vona
Single-Family partnership - how to decide when to sell
Hi, I'm beginning to look purchasing single-family rentals with a partner. We would both get 50% of the cash flow and equity. I'm thinking about how to structure the agreement for deciding when to sell. It seems th...
Marcial Pimentel
New Developments in West Houston (I10 and 99)
https://www.chron.com/techburg...Putting this new development out there for people looking at investment properties. I was looking for a home in this area because I knew that this development was on the way.Not saying...
Justin Brooks
House Hacked Before I knew what House Hacking Was
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $174,900
Cash invested: $500
Sale price: $185,000
House Hacked before that was a term.
- I lived on one s...
Eric Huang
Pre-construction or 5-10 year old condos in Seattle area
Hi I'm newbie to REI. I was recently introduced to pre-construction condo investments by a few friends. They recently bought Nexus condo in downtown. As seeing the crazy demand and growth of new condos in Seattle, I w...
Kevin Yi
How Would You 1031 Exchange a Million Dollar Plus Property?
Current investment property is owned free and clear, value one million plus. Current cap is 3% at best. Looking to get around 6%+ cap in A/A+ class properties. All cash purchases or may consider minimal financing.