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Hi everyone,My husband and I are putting an offer on a property that needs a decent amount of work. We'd like to use hard money to fund the rehab, but have never done this before. What are some things to look out for?...
Hi all, I'm running numbers through the calculators for the first time and seeing how when calculating rent income, it looks at the total beds and bath. So for a 2 unit, 1bed/1bath each... it is pulling rent income fo...
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Investment Info:
Small multi-family (2-4 units) other investment in Columbia.
Purchase price: $220,000
Exclusive buyers agent, featuring lowest current GRM for MFR in Shandon in last 24 months.
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I am aware that with multi-family, ROI is key. However, given that residential real estate value is based on ARV, I am struggling to find comps on a rented 3 fam property that seems to be under-performing. Avg rents i...
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The market here on Oahu has so many non-conforming properties that have say an extra wet bar or extra non-permitted bedrooms. We want to but a primary home property with either VA, traditional or FHA depending on the ...
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I have been finding SFH at auction in WV for 25 to 50k with approximately 25 to 50k or more equity that also rent for $800 or more. These easily meet and exceed the 1 % rule. I have been able to refinance, rent a...
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...
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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...
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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...
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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...