Hello all. I just have a quick question. I currently have a property worth $124k and the current principal owed is about $58k. The current mortgage is about $600/mo @ 6.8% and the rent is $725/mo. Would it be a be...
Hello, I am completely new to all of this as I am now starting to research and gain more interest and insight on real estate investment. I am inheriting $100,000 very soon and not sure how to proceed . I do own a...
Evening BP’ers,
I’m running the numbers on a potential 12 unit (3 buildings) 2bd/1ba in Huntsville for 510k. I’m pretty new so would like to make sure I get the numbers right. I want to roughly factor in a 60% margi...
So I have found that the deals on-market are getting slimmer and slimmer. I have been adventuring into off market deals and pursuing them with some direct mail tactics. I have used a letter format to convey what I do ...
My question is, should I refinance and get as much money out as I can, or not?Specifics:Duplex, bought/rehabbed for $210K ($60K of our own money) We owe roughly $150K.ARV: $265KInterest rate on current loan: 4.875%Cur...
Hello,I'm looking to make my first purchase for an investment property. I live in the California Bay Area where home prices are exorbitantly high, making the risk higher than I am willing to take at this point. My goa...
My husband and I are self employed running a small business. Our work has slowed down and we now have time to explore real estate as another source of income. We have one rental property that is a vacation rental (...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $72,000
Cash invested: $11,000
Contributors:
Greg Edwards
Bought for $72k
$11k rehab
All in for $83...
Hi all,I am recently getting into real estate in the form of trying to understand every aspect a home owner must consider before buying rental property. I’m hoping someone can help fill in the blanks of things I might...