I bought a house in 2004. Paid $99,000. Owe $94,000 today. It should appraise now for around $115,000-$120,000. In 2004 I was rehabbing it to be used for a daycare center - $14,000 cash flow per month. During the ...
I haven't posted on this site in a long time, but stop by and read the forums regularly. Last time I posted I was going to take my pre licensing course. Well, I passed it with flying colors dispite having the teacher ...
Hi guys, I've been studying real estate investment for the better part of a year with an eye toward investment in residences, but something funny happened yesterday.I am expanding a brick and mortar nonprofit business...
I had a thought reading a different forum post.
Let's say there is a great deal with a price of 100K
Your bank wants 20% down = 20K
Let's say you only have $4,000.
Can you go to a second lender lender for the 20K a...
Trying to bring all the pieces together for my partner and my first investment. We found a mobile home in the area which we are interested in rehabbing and flipping. The private/hard money lenders we have come across ...
Hi there. I may be selling a rental property in NJ and use the proceeds to buy 2 or more properties in another state. I was wondering if any of you have experience with using a 1031 and how it works. Who can the sell...
I just bought a rental property with an existing renter from a very sloppy landlord. He had no documentation of the month-to-month lease that the tenants were covered under and he supposedly gave them a 90-day notice ...
I have a tentative client who is currently on County Rent Assistance (section 8). She is taking the necessary steps to prepare to become a homeowner, but it is going to take some time. On the ohter hand, she is tired...
So curious if anyone has some good ideas. I bought a up/down duplex with a small efficiency that was added in the basement in St. Paul. Recently moved in when the top unit opened up. The tenant in the middle compla...
For a little context; I took ownership of a Triplex in the greater Montreal area about 7 months ago, the property at the time of acquisition was fully rented with leases set to end in June of 2017. The market rent in ...