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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $144,000
Cash invested: $10,000
Sale price: $189,900
I used a VA loan to acquire a foreclosure. I fixed the pro...
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So I have a property in which I want to 1031 exchange. The property is in New York and I live in Seattle. When doing a 1031 exchange I am aware that you have six months to flip the money into one of the properties tha...
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There is a new clunker on my local MLS (surprised it even made MLS!) that is obviously way overpriced but in my desired market, it may get offers. Comparing it to 2 other complete rehabs in the neighborhood that have...
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I am primarily interested in buy-and-hold investing for cash flow purposes. While I certainly hope to realize decent appreciation over time, I want to quit my day job sooner rather than later and need to replace at l...
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I am new to park investing, and I am looking at my first one. I am looking for negotiation advice.The current owner is several states away distant. He doesn't seem to have a good grasp of the local area. Believing it ...
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Sam's Question of the day!!!I have accumulated a handful of single-family investment properties. They are all cash flowing but I want to turn them into a large cash-flowing machine. My question was if I sold these pro...
I need some renovations after an 8 year tenant. I am going to do some myself and some contractors. It will take me 60 days to complete. Insurance has a 30 day owner occupancy clause. Insurance wants lease proof or thr...
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I have my first property under contract which is a duplex. Top unit occupied and rents for 800, bottom unit occupied which rents for 1200. Purchase price is 160k, appraisal came in at 175k. PITI is 1253. All sounds gr...
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I am looking into ways to increase my capital to finance a down payment on a rental property. I was hoping to get some guidance on probably some fundamental questions before going through the hassle of talking to loan...
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Investment Info:
Condo buy & hold investment.
Purchase price: $105,000
Cash invested: $40,000
3 bed 2.5 bath condo that we purchased and renovated to live in part time to be closer to where my ki...