Joseph Micheal
Financing Illegal Duplex
Hi All!I am looking into purchasing an illegally zoned property (currently used as MFH and zoned as SFH). I spoke with a loan officer who had some concerns that the discrepancy in zoning may derail the deal and leave...
Justin Aldred
STR/Vacation rental NW Flordia
I was having a discussion the other day with someone who said that Northwest Florida (especially more of the luxury areas around 30a) are more of a "capital appreciation" play and that It's impossible to get good cash...
Marc Shin
Is cleveland a good place to invest?
I'm new to real estate investing. Is Cleveland a good place to invest? I hear about issues with lead in the paint and soil on older homes. Anyone have any concerns with lead issues or any other health issues associ...
Jessica Stevenson
Subterranean Termites and Cast Iron Pipes
We are currently under contract for a buy and hold property in Jacksonville, FL. It is a concrete block house on slab. We had two issues pop up during our inspection today and I would like your opinion on if we should...
Account Closed
Buy, rehab, rent/hold, buy a 2nd?
My wife and I bought a SFR to live in, in Aug '17 and finished the basement for ~$18K. We will move out in Aug '18 due to a job offer, and we'll have built 10% in equity, including downpayment, at that point. I plan ...
Account Closed
DTI/number/lender confusion.
Hi,
House cost = $59,000, but with repairs the total cost came to $82,000. [I put roughly $8,000 down = I owe $74,000 on the mortgage (30 year fixed)]
My house was appraised at $150,000 before repairs. ...
Sanjeev Bhatia
Who is investing in East Cleveland 44112?
Who is investing in east Cleveland ? I heard city of Cleveland is taking over east Cleveland and things will get better there after merge. What's average price per door in east Cleveland ?
Corey Brown
Should We Really Rely On Zillow And Trulia For Research?
Hi,I just wanted some thoughts on using sites like Zillow and Trulia for comps and research?Are these site's really reliable. I've found that they're are not reliable at all. 60% of the info is found to be outdated. C...
Robert Tropp
Good Multi-Family Markets
Hey BPers, I'm looking to find a good market for 2-4 unit properties in the $200-$300k range that cash flow $1,000+ per month after all expenses (including management) considered. I live in Southern California so I'm ...
Flue Hasipi
How to best build a rental portfolio using cash (not borrowing) ?
Right off the bet, the reason I don't want to borrow is that dealing with interest is against my religious beliefs. I am preparing to move to Tampa Bay in 3-4 months, I will be renting for a while so I can use my $350...