So you can check out my last forum post about buying my first rental property. It’s going great today and is cash flowing pretty well. We just refinanced during Covid-19 and took our rate from 7.25% to 5.5%. Enough ab...
Investment Info:
Single-family residence fix & flip investment in Ann Arbor.
Purchase price: $225,000
Cash invested: $51,827
Sale price: $289,900
Easiest flip I've ever done and the least pro...
Investment Info:
Single-family residence fix & flip investment in Minneapolis.
Purchase price: $107,500
Cash invested: $40,000
Sale price: $175,000
My fifth flip back in 2013.
What m...
Upon my pre inspection I noted the fifthly condition. I requested a list of cleaning to be accomplished before the end of the month. The tenant informed me they have no intention to clean.I realize I can deduct charge...
I have 8 properties, 4 of which have a mortgage on them. I am looking for a fifth mortgage to buy my next property. My previous lenders are not responding favorably, maybe they do not do more than 4 mortgages. Does...
I have 8 properties, 4 of which have a mortgage on them. I am looking for a fifth mortgage to buy my next property. My previous lenders are not responding favorably, maybe they do not do more than 4 mortgages. Does...
Hello all,I am relatively new to landlording. I would like to get a fifth property but I don't know how to do it. I know you can find banks that will do 5-10 properties. Where do I look? Any insight is helpful.thanks
Investment Info:
Single-family residence buy & hold investment in Melbourne.
Purchase price: $95,000
Cash invested: $29,000
Found this deal for sale by owner in early 2020. Rent/purchase price r...
Investment Info:
Single-family residence buy & hold investment in Elma.
Purchase price: $109,900
Cash invested: $15,000
Cute 4-bedroom bungalow on Main Street in Elma! This home was fully renovat...
Hi,
I was told by big bank lenders that only 4 mortgages are allowed unless the fifth one is for primary residence. I have four mortgages already, one for primary home, three for rental properties. Any idea w...