First time real estate investor. I have the opportunity to purchase properties with seller financing. Terms are 3% down, 5% interest, 30 year amortization. The properties are being sold 10% below market value. However...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Long Beach.
Purchase price: $680,000
Cash invested: $235,000
Purchased this property with proceeds from a 1031 exchange. O...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $128,500
Cash invested: $22,000
House-hacking to live rent free in Indianapolis, IN! Will eventually becom...
Hi y'all! I just wanted to say hi and introduce ourself. I am currently a Seattle longshoreman and have been for the last 20 years. My wife and I have been in the direct sales industry for over 4. My wife has a real...
Hello everyone! Quick question here about pre approvals. Me and my wife are in the process of getting our papers together for pre approval. My concerns are as follows: How badly does getting pre approval affect my cre...
Hi I rent a apartment with my elderly mother and it’s been 7 days without hot water and apartment maintenance keeps saying he’s waiting on a part now for 7 days is this even aloud
Hello Everyone,I am currently working on a 2 family property (recently purchased) to get it into rentable condition (cleaning up, new floors, painting etc). After clearing out all the junk out of the first unit, I not...
Hi, I'm a newbie in apartments and looking to make this offer in this offer. Any advise is extremely appreciated. Built around 1915. 10 Unit, 3 story, 1 commercial and 9 tenants. Rent is on the low end presently. Supe...
Hello BP!! My name is Greg Eftax from Waunakee, WI, or better yet, Madison, WI. My wife and I have been in the area for about 5 years now and try to travel as much as possible, our favorite place to frequent is South ...
Hello everyone. How does one get started with out of state investing with smaller properties? Often you hear that you need 40-50 units to cover the cost of property management. What if you don't want that many units? ...