Investment Info:
Single-family residence buy & hold investment in Moorhead.
Purchase price: $152,900
Cash invested: $5,351
My first real estate purchase. An FHA loan used to purchase and this was...
Hi, I am closing on my first house (multi-family) in a week and I will be renting out one of the units. I have seen on BP and other websites that an income of 3-4x is a good rule of thumb while screening for tenants. ...
Hello on property number 2 everybody!
Using my previous lender which i feel may have been a mistake. This is the second time I have been "misquoted" or just "b/s'ed" about a charge that was immediately fixed.First l...
First of all I made a mistake in my Dow figures yesterday it should have been the lowest since 1997 not 2002.
The day after Oblama sent the Dow to its worst showing since 1997 Bernanke said t...
Have a 10+ year job w/ a pretty good salary, good credit, but am lacking capital (5k in cash and about 50k in a 401k). Have been wanting to start accumulating low-cost properties (50-75k) that can be paid off within ...
Hi guys, Here is my situation. I have 3 properties i stopped paying for and soon or later the bank is going to take them. Between all 3 of them the mortgages and missed payments are about 1.2m. The real market value o...
Hi this will be my first time purchase of commercial real estate (small shopping mall). It will be all cash purchase. I am little nervous as my broker is a relative who is not experienced (she is just starting out). ...
Ok so I am having trouble getting this loan approved because of my large deposits in my bank account the last two months. I run a side business selling bulk items from china on craigslist and have made good money arou...
I just closed yesterday on a 10 year old double wide on one acre. I bought it 6 months ago with the intention of renting it out, but the rental market in the area was weaker than I anticipated and it is pretty far fr...
Getting ready to get started on 1st flip or rental (not sure yet) but I am ready to get an HELOC to fund this so I know what I am working with. Currently according to Zillow I have about 100k in equity ( this is wit...