John Hamilton
Is this property worth the risk?
The tenant has been in the house for 12 years with a $500 rent that they stopped paying a few months ago and have become very hostile with the situation. The seller has not yet started the eviction process but they wa...
Walmsley Gedeon
Seller has Oil Tank on property that needs to be removed?
Seller has an Oil Tank on property and wants me to know he doesn't have the money to move it. He is offering me a $5k credit on the deal of which I am already paying a bit more than I wanted to of $170k for a 4fam for...
Luis Fernandez
First time in the market for rental property
Hi, I'm a complete newbie and interested in purchasing rental property for monthly cash flow. I've read books in the matter yet I still don't quite understand how do you valuate property whether it is a good investmen...
James Castelli
Do I need a LLC for every one of my rental properties?
Do I need a LLC for every one of my rental properties? i am in the process buying out of stat and plan on buying multiple houses in the future. i would rather not have to set up a separate LLC for each one
Amy E.
BRRR - Refinancing
If you follow the Buy, Rehab, Rent, Refinance, what type of deal do you look for on your refinance?I am disgruntled because with the banks I've asked and loaning to my LLC (which I know may limit my options), I will h...
Kyle Fredette
Flips - holding cost financing
Hi all - I invested in a short sale home 2 years ago, which gave me immediate equity upon closing. Since then, I have added additional value through updates and repairs. I have lived at this property, so I will be get...
Jimmy Wen
Thinking about my 1st acquisition - Questions on Operation Costs
Hi all,I am thinking about buying my very first rental property, which is a 3-bedroom, 2.5 bathrooms, single-family house in Puyallup, WA. Upon my visit, I know the house needs wall repainting, replacing bathroom tile...
Landon Graff
Buying vs. refinance
My current interest rate for my personal home is 4.25%. we would like to buy another property as a personal home. So we have two options.1. Refinance at about 2.8% now. If we do this we can't buy a personal home for 1...
Ross Wisniewski
What Profits Are Expected From This Flip?
Buy at: $190,000After Repair Value: $285,000Repairs: $9,050 but use $10,000Closing Costs on purch. w/ DP of $10,000: $14,500Holding Costs(4 months mortgage @2.5% + bills): $5,800All repairs will be done by me and a co...
NIc Green
Tax Lien On Property During a Wholesale Deal
Good afternoon investors.
Getting ready to Wholesale a property, but the seller owes $2K in taxes. The title company should subtract that money from the final transaction between the seller & the buyer I sell th...