Micah Shelton
15 homes in one loan...how
While doing a video walk through on a potential purchase the owner stated she had 15 off market deals she would be willing to package together All are rented and here is the overall deal:
3 duplex style homes
12 SFR...
Jared Schott
Long Term Rental by assuming loan; risky idea?
Hi folks I previously posted about a 5 bed 4.5 bath house for sale at 590,000 and has been up for 60 days. This house has an FHA loan that I can take over and all in it'll be 2k/month. however, the amount left on loan...
Steve Sapowsky
Commercial loan with bad credit
Will a bank lend to someone with low credit for a duplex that cash flows? I can come up with the 20% down but that means not paying down my debt and therefore continuing to have credit in the low 600s. Any creative su...
Michael Heisterkamp
Offer accepted on my first deal.
Hello all,
Late last week I heard from the sellers that my offer was accepted on my first property. I found a triplex in the Dallas Fort Worth area with an initial asking price of just under 100 thousand dol...
Colleen F.
Equality and fairness in tenant charges for apartments
Getting ready for renewals in a MF and since the apartments aren't equal and the lengths of tenancy aren't equal the rents also are not equal. Do you normally try to equal out all the rents or are you comfortable wi...
Marc Stacey
how is the housing market in Ohio?
I am seing many houses to flip. How are houses selling in Ohio,
Thanks for the info.
Jason Schmidt
selling property after they appreciate
I have been thinking about taking a while to purchase some smaller homes at $100k-125k, pay them off early and keep buying others just like that.
Then I got to thinking - if homes average 6% increases, then a 300,0...
Jason McCain
Earth Sheltered Multi-Family Strategy--Your Thoughts?
I have been knocking this around in my head and wanted to open it up for discussion.
Goal: Create long term passive income
Timeline: Approx 50 years
Proposed Method: Earth Sheltered Multi-family Units
Question...
Yaya Y.
FHLB V LIBOR rates? PROS/CONS
I would like to know everyone's opinions on the scenario below.You want to get a mortgage for 650k, one bank quotes you with an interest rate of x basis points over the FHLB 5 year rate, and the other bank's rate is ...
Yolanda Jabeman
bidding on a foreclosure-is this a scam? please, advise
I would very much appreciate any help or advice I can get. I am in a strange situation and I wonder if this is normal or if it is a scam. A month ago I bid in a foreclosed house owned by the VA and listed by Trilliona...