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I'm new to RE investing, looking at a 4plex foreclosure, and in need of advice! The numbers tell me this is a deal but I'm not sure I've done enough due diligence and there a few questions that have me reluctant.
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hello, first post, thanks for any help.My home is worth 1.25M, loan is only 350k, tried to get heloc, but bank will only give 200k because of my income. So I have about 900k in equity, was hoping to get a heloc for 50...
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Hey everyone - An opportunity has presented itself to potentially purchase a 12 unit apartment complex. It is two 6 unit buildings. It looks like I will be able to partner up with a friend and get the down payment tog...
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I have a quick question, I am very curious about something.
if a loan falls through at the last minute does the loan broker normally have actual cash out of pocket. I am curious what their actual cash out would be o...
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hey I'm thinking using a personal loan to finance my first investment about 50k Then take my down and pay for any extras. I wanted to know anyones thoughts? Thanks.
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I know I should know this, and is answered to a degree out there, but ill ask anyway ...If I do a cash out refi on a property that I have paid off, I probobly will be required to keep like 25% in, and then I am paying...
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I searched the forum for this topic, but only found posts over a year old.I am researching property management software. I looked into Buildium per recommendation from this site and because it offers residential and c...
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Hi BP,Question about a new property I'm closing on Tuesday. My fiancé and I currently own 1 rental property together that's set up in an LLC together. We bought it with conventional financing and immediately transferr...
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I now have three tenants that have broken their leases and vacated their apartments leaving me with approximately $5K in uncollected rents. I know I can proceed legally towards judgements, the cost of which gets me to...
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My fiance is looking at buying a duplex with an FHA loan. I already own a property (purchased with an FHA loan) and we are planning on moving out of my place and into hers. My question is whether or not all of the cas...