Hi,So, is there a formula to be used taking only rental income into consideration to determine the value of a property? I'm interested in a 12 unit complex that generates $93,600 annual gross income; taxes are $15,800...
I suppose, from a certain perspective this is sort of straw buying, but in a way I thought it might pertain to wholesaling as well...sort of.So, I've got an individual that has been renting their entire life and decid...
Background
I’ve been investing in real-estate for about two years now, mostly with crowd-investing and private-lending. I wanted to add traditional rental or owner finance type investments to my portfolio. My aim w...
Just wanted the opinions of people who knew more than I do. Here are some details on a potential deal. Owners aquired a larger house with the death of a grandmother and just looking to drop this house for what they ...
here are the details.
I just bought a house 3 streets away for $75k. i had to put only 6k in that house and rented it for $1,150.
So, this new one is a SFR, asking price of 80k, which is overpriced when you take in...
I am looking for properties to wholesale and need to purchase properties at 70% of ARV. I am looking into MelissaData for a list but I must choose one of three methods of searching for equity. The options are: LTV,...
I'm looking to purchase a duplex in an area not far from my home. Seeing as I'm somewhat familiar with the location, I know what rents should be. I also know of several websites such as "Rentometer" and "RentSlicer" w...
Hi Everyone,My Name is Ryan and I am from the Madison WI area,I currently own a duplex that I bought just over two years ago as an owner occupied property. For this loan, my first mortgage, I did only have to put dow...
I wanted to see if I did this correctly and then get next steps (because my situation is kinda hard to figure out).
Tennessee Avenue - Middle class neighborhood within driving distance of a local university. ...
I've heard some people who are flipping homes offering 20-25% return on money when looking for private money. How is that calculated? Are they figuring in points offered as well as the percentage rate on the loan? Tha...