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Quick history: I currently own 2 homes. 1 S8 rental, and 1 primary residence. Both purchased pre RE collapse as pre-construction with 100% financing (irrelevant)...
I see a large disparity with the prices of certain ...
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Am I all alone here? People in my area can make $50/hour. Now, if we extrapolate from this, 50/hr x 40 hours/week = $100,000. Many of the people are dual income families. So a couple makes $200,000 per year. How ...
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We are moving out of our primary SFH (bought 6 years ago) in the Campbell area, and are deciding between selling it or letting it out for rent (fully managed by a third party ~ 7% fee). Given that the we have had doub...
Hi everyone, I came across a 6 unit MFH. Asking is 54k, my contractor said it would be 80-120k to completely update the property (it is vacant, mostly cosmetic but still run down). The property would gross 3-3500 a m...
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I own a property property outright and am looking to do a cash out refi of it. The property is in an LLC but is a single family. In talking with different local lenders I have two options:Option 1: 30 yr fixed rate at...
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Hello everyone, I'm just starting out and would like your advice on this investment. Basically, it's going to be owner finance over a period of 18 years. The property has 2 houses on it and the asking price is roughly...
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Good evening everyone.
So I own 13 free-and-clear SFH in C/D class neighborhoods net income of 30k. With 6 properties as collateral local bank offered me 100k with 6% interest. (this portfolio lending I think)
My opt...
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I recently had a contractor come out to a property in Whittier, CA (1640 sq ft home on a 6400 sq ft lot) that needs a complete gut rehab and below is the soft quote he gave me and everything he'll cover for $170K. No...
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Need help figuring out why our house doesn’t have an offer and instead have heard a few ‘offers’ are coming with no follow up.It’s a 6/5, 4300 sqft home in Smyrna, just 3 years old. We added a lot of upgrades when we ...
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I'm new and need some advice. I'm analyzing properties like crazy. I base it on always having a loan at 4% for 30 years. I'm looking in the St. Louis market near a unit I already own. I am a realtor so I am checki...