Paul Riser
Acquisition via Promissory Note, Hold and Sell in Detroit
Investment Info:
Single-family residence other investment.
Purchase price: $6,000
Cash invested: $9,500
Sale price: $97,000
Simply a buy (via a down payment and promissory note at $500 per month ...
Joe Gilroy
Mobile Home park - Deal analysis
20 site Mobile home park List price - $375,000Cap rate - 10 No park owned homes - all site rent 14 occupied with potential upside of 6 sites to move new homes onto$350 per month site rentPark pays water /trash8 a...
Kalib Williams
Fha cash out refinance multiple times in a year
Hello, I am looking to purchase an 4plex and use a fha 203k loan to renovate. After the renovation I would like to do a cash out refi into an 80/20 conventional. After this is done can I apply for another fha loan and...
Kody Ward
Can you use a VA Loan to flip or rent a house?
So with a VA loan you don't have to put any money down, but if i remember right you technically have to use the home as your primary residence. Is there any way around this? As a veteran I would always like to use a V...
Andrew B.
Capital gains selling a property I hae owned for 1 year
I am selling a property I have owned for one year. The problem is the date the deed was recorded is not the date we closed. When does the iRs see that one year starting from- date of closing or the date someone actual...
Jonathan M.
New Member from Orange County, CA
Hello everyone. This is Jonathan and I live in Orange County in Southern California.
What drew me to this site was a link to this site from of all things, a comment on a yahoo article about real estate. Since...
Rhodaline Dekyi-Arthur
Please help analyse deal on first property. Contract for deed.
Here's a deal that i am looking at doing, Please go over the numbers , feel free to point out anything that i might be overlooking.
Property is a duplex located in a lower income neighborhood. Its not a war z...
Eric L.
Are my closing costs high?
I'm purchasing my first (HUD) home for $107K and I read that closing costs are typically 2-5%. I've attached a copy of my GFE here. Please let me know your thoughts.
Chris DeTreville
New member- Columbia, SC
I jumped the gun a bit and started a thread in the "starting out" forum but anyway, I have lurked long enough and decided to get vocal.
I am 29, and have been in real estate for 6 years. I suffered through a few ye...
Kay Mays
Hello from Milwaukee, WI
Hi,
I've been looking around this site for a while and feel that its time for me to introduce myself. My name is Kay and I'm new to the whole real estate thing. I'm particularly interested in wholesaling as well as b...