Mike Mefferd
First Apartment Deal Success Story
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $550,000
Cash invested: $150,000
Sale price: $750,000
This was an 18 unit single story apartment complex....
Justine Veal
House Hacking Newbie! Jersey City/NJ
Looking to House Hack my first property. How do I pick a price range for my first purchase if I plan on using a traditional FHA loan? I know that I’m looking for a duplex or a triplex that has more than one bedroom p...
Sam Lewis
Converting townhome from 2 bed to 3 bed
Hey folks, as of yesterday I am under contract for a 2 bedroom townhome in Dundalk.
I walked the property with my contractor and we are confident we can turn one of the rooms in the basement into a bedroom (either t...
Ibrahim Yamini
Buy Invesment Property if Credit Improves or Savings rise?
As a newbie investor, I have a few main priorities; lower my DTI, gain as much knowledge as I can and aquire my first investment property that cash flows well.Currently, my debt is roughly $130K. $70K of it is my wif...
Jamil Barton
Do I need a CPA yet?
Next week, I am closing on my first property. I will be house hacking, living in one unit and renting out the other two. The structure will need some initial work, between some repairs and some improvements, which wil...
David Bohner
Seller finaning
I am selling a house by owner in Salida, Colorado and have offered seller financing. I have never done it before. How do I go about it? Would I go through a real estate attorney or a title company or both and what rol...
Leigh Ann Smith
Do CPA's Specialize?
We have recently acquired a vacation rental. It's located on our choose & cut Christmas tree farm, and we're looking into the possibility of hosting events there, too. We're running it all as a sole proprietorsh...
Todd Dexheimer
Looking for lenders in Milwaukee, WI.
I am currently trying to expand my rental portfolio to Milwaukee, WI and I am in need of banks that can lend on 1-4 unit properties. I have a lot of experience in owning rental properties in Minnesota (over 50 units),...
Keith Lewis
Easiest Way to Wholesale if I have a contract & escrow?
I have a house under contract in the name of my LLC. This is a solid neighborhood that I have bought and sold in several times. One of my competitors wants to buy it... Bad. How can I sell it to her without coming to...
John Clark
Furnace replacement, one or many ??
I'm looking at bringing an old 4 unit back to life. (2 up, 2 down) The 30 year old forced air furnace in the basement is dead and needs to be replaced. The question is, should I replace it with another single large fu...