The numbers:
2 bed 1 bath in a 4 unit building
Asking price: 90k
Taxes:~4k
Monthly Assessment:$50
Can be rented for: $1000 a month
This will be the first deal I would be doing as an owner financed deal- actually this...
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I am seeking a creative solution for a deal I'm in. Here's the jist ..
I bought a SFR for 63, 10% down, seller finacne (SF) for 5 years, amortized 30, baloon after 5, 6% rate. My totals costs for repairs, etc. anothe...
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I'm trying to run the numbers on this 2 unit Duplex in my home town of Port Huron, Michigan. So, with the land contract terms of $115,900 at 6.5% with a 5 year balloon I would pay roughly $732 a month to the seller f...
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ok, we found the perfect home for us, great price everything. It is a Fannie Mae foreclosure, everything went smooth until they did the title search and found that only one of the owners(husband and wife were on the m...
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The Consumer Financial Protection Bureau ("CFPB"), through its sponsors in the Treasury Department, and the Conference of State Bank Supervisors ("CSBS") signed a memorandum of understanding ("MOU") relating to inform...
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Hello all! My name is Darius Holloway. I currently reside in Washington, DC. I am an attorney and looking to get the wheels rolling on a real estate investment venture. I'm pursuing a 3bd/1ba property in Hopewell, Vir...
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So I was searching for certain members, and I wanted to search greater than a 5 mile radius (since I'm looking for people around the Denver area, not Fort Collins persay), however, in order to do that, you have to hav...
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I bought a condo in a retirement community for a flip, and the purchase closing which I did with my own Real Estate license was closed on December 18th of 2016. After getting all of my plans approved through the H...
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Hello BP,Does anyone have a recommendation for a favorite mortgage broker for either Second Homes and/or Investment properties? My wife and I are looking at purchasing a second home for our personal use, and a separa...
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I'm am looking to purchase an STR with a partner and we intend to finance it with a vacation/second home loan as opposed to an investment home loan. We were intending to form an LLC as not only an operating agreement ...