David Rutledge
FHA loan advice Please
I was hoping to get some advice.I live and work in OC California and I recently purchased my first two rental properties in Oct 2016. They are both out of state (one in NC and the other in IN)I am already looking/plan...
Chad Zaback
Bouncing from bank to broker after private money pulled back.
I have been finding out that the people that get "interested" in investing their money in real estate seem to cool down by the time I put a deal together. I am currently going through the process of getting loan throu...
Ray De La Garza
Following the 1% rule
With the way the housing market is, must the 1% rule be followed in order to be profitable? For example, if an 1800 sq ft home is selling for $285K, it might not be feasible to rent it out for $2850 per month. Especia...
Cheryl Alarcon
Detroit, Michigan cheap real estate
Hello! Is anyone investing in Detroit, MI? I’ve seen houses on Zillow for only $2500. Granted they are just shells, but I’m wondering with a full renovation if the area has potential for long term rentals. What are th...
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 ...
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...
...
Sean Lynch
Multi Family Purchase FHA Loan - good deal?
Hi,
These are my numbers, I'm new so I want to get opinions from others who are more experienced:
Duplex / FHA 3.5% down (12,775)
Purchase Price: $365,000
Gross monthly rent: $2700
Total Monthly Payment: $2400
50% ...
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?
Dean I.
BRRRR. What am I missing?
I primarily flip houses at this point, but I also need to pick up some rentals for the depreciation and of course the passive income. That being said, I do not want to have my money tied up into rentals, when I could ...