Patrick Kelly
Trailer Park Investment Property Financing
Using the template within this forum so details below...Your goals and story: Purchased a SFH for rental in Indiana earlier this year and am focusing on this state (IN) for additional doors. New to REI but aggressivel...
Hodari Howard
My condo purchase is falling apart. Could use some advice.
I am two weeks away from the closing date on a 2b 2b cando. Received the Appraisal yesterday, with an estimated $1700 of FHA required repairs and the seller refuses to make any repairs. The lender doesn’t do hold back...
JC Jensen
New member from Oregon
Hi I"m JC Jensen from Salem, Or. I've had a couple of rentals for about 10 years, recently I sold those and bought one to fix and flip which went well, I'm looking for others but I've had to pass on several cash only...
Caitlin Worrell
Strategies for refinancing owner-occupied duplex
REI newbie here! We recently bought our first house, a run down duplex in a higher-end in-town neighborhood in Atlanta. We are house hacking. We eventually want to rent out both units, so our strategy is to improve ou...
Christopher Parsons
Anyone use Caretaker Property Management?
Hello everyone. We're investing in a small town in Texas and recently had an issue with our current property manager. Not to get too detailed, but basically we had some last minute repairs come up and need to get them...
Sean McKee
How do you determine value of Small multi-family Buildings
Just out of curiosity I’m interested in learning how others values small muti-family unit buildings (3 to 4 units). I know bank appraisals use the sales comparison approach. Depending on the market I like to do a hybr...
Aaron Foster
Before & After 2 House Waterfront Property
I always enjoy looking at before and after pictures and storie so here is one of my recent ones.Facts: 2 houses 1 waterfront lot for $160k. Approx 35 Minutes to Washington DC and 1.5 miles to one of our many Military ...
Chuck Gafford
4-Plex in San Antonio (Financing Question)
Situation: So a great 4-plex just came back on the market that we would love to buy it, as it already cash-flows (with tenants) and is in an appreciating area.Problem: We do not have the 25% down ~$110K that most lend...
Garrett Jacks
Comps and calculating ARV
Howdy,
I've come across a 3/2.5 condo with 1803 sq ft. It is located in a complex where only 1 other unit has sold recently, but this unit is a 2/2 with 1178 sq ft. It sold for $135,000 about 5 months ago w...
Cal C.
My property is still down over 40%! BEWARE!
I've written about this before but I just had an appraisal come back for one of my commercial properties. It literally appraised at 50% of what it appraised for in 2007. I put 20% down on the building and I've paid...