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My wife and are working hard to make career transitions into real estate investing. We are planning to do our first deal(s) before the end of 2015.I currently have a well paying job with a reasonably high net worth ...
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Hello Everyone,So…my wife and I bought a 4 unit property about six months ago, using conventional financing(20% down).We have added some value, and are making pretty good money(finally…took a few months).The people we...
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I am looking to refinancing my 4 plex building in Skagit County. I've found two different options from banks.
The large neighborhood/state credit union:
Good rates 4.25% for a 30 year fixed mortgage65% LTV
They con...
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All - Here are my basics and thank you very much for taking the time to respond:- Property 1 - Leveraged, P&I payment of $1400, rents for $1850 (Paid $250k, going for $280k) ... For kids college- Property 2 - Leve...
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Hi forums, hopefully this is a straightforward question. Is 30% on s hard money loan unrealistic? It's 3 months with the interest paid upfront.Through a connection life long friend I've got an offer for hard money l...
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Jurisdiction: IndianaI signed a contract with a guy back in December. The contract stated that I would furnish $20k towards renovations to the house in my name. The work would be done within 60 days. In return he woul...
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Tenant has lived in property for 10 months and has always paid rent in full. Tenant recently lost a job (but found a new one!) and proactively communicated this to the property manager. Tenant is supposedly waiting ...
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Hi Everyone. I'm about to leave my W-2 job. I'd like to move some of my retirement savings into MF. I prefer MF over SF. The problem is, even though I have about $250K to invest, I will no longer have the W-2 inco...
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I know this topic is widely discussed, but I've finally found myself in a position where I need to know how to estimate rehab costs.We are under contract for a home that will become our personal property. It also has...
Currently I have a tenant who was 18 days late with rent this month and was wondering what other's opinions are on renewing a lease with such a tenant. The tenant had been late on two other occasions, but both were in...