Hi - I am new to evaluating deals so any feedback is appreciated:
My goal here is a buy and hold- seeking cash flow:
?Purchase Price $30,000
?Rehab – $35,500
?Closing cost $2,500
?Tota...
New investor here and looking for duplexes to start but I really would like to go to larger multi-family deals. While I can think of a few ways to work my first purchase, I got hung up while thinking about future loan...
Hello, all!So here is the situation... I'm currently renting one side of a duplex in North Texas. I happened to be browsing one of those real estate marketplace sites (zillow, realtor.com, etc..) looking for a multi-f...
Hello I'm 18 years old, and I want to become a real estate investor, I'm not really sure how to start out in this business, especially with very little money and no credit. Please reply back and help me become the suc...
Hello Fellow Investors,I am in the process of buy my first rental property in Chicago area.. It is a HUD (insured) home that only need cosmetic update. HUD PCR report reveals that everything is in working order. I hav...
Hello,If I am in an FHA Loan now but plan on refinancing to a Conventional Loan...can I use FHA again after this is done?Thanks,Steve
I’ve heard that the best way to price commercial real estate is with NOI and cap rate - but what if the property is only 40% occupied? Certainly I can’t offer 40% of asking, but how low is too low? How high is too hig...
I’ve recently been look at a property right down the street from me. This property is a 6 unit building, with 4 units currently rented and 2 units that’s currently need rehabbed. The building is a fantastic deal. 6 un...
We asked our tenants to move out due to multiple lease violations (main ones were smoking and pets, where the lease prohibits both), and the floors are left with multiple cigarette burns (both hardwoods and linoleum),...