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Folks, I have a question about a scenario. Bought SFR at $235k (Depreciation base: $200k) in 2016. The property depreciated for 7 years Loan on property: 200k ; Current market price: $360kIf I do 1031 exchange...
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Hi,My brother and I just started an LLC. We want to start either flipping small or investing in multifamily properties, but the 20-25% down concerns me. If the DSCR loan covers the 80% where to we get a loan for the o...
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Just want to be sure I’m crystal clear on this and not violating any laws.... I just received an application where the tenant was given a notice to quit for non payment of rent. She also scribbled put her annual inco...
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My wife and I (with our new 2 month old child) just purchased a home and are torn on what to do with our 2 bed 1 bath condo.Our new mortgage starts around $2200/mo due to a 2-1 buydown on the interest rate we were abl...
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In both houses I want to make offers on, there are some in the neighborhood. One has two on the same street. They're not next door to the houses, though. Is this something to worry about? This is in Florida, so there ...
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I have been approached with a deal to purchase an older vacant hotel. There are currently 6 apartments 22 hotel rooms and a 3 bedroom house on site. Purchase price would be 150k and needs about 200k in improvements. S...
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This is the first deal that seemed to make sense to spend the time to analyze.Deal OR No Deal? That is the question.What should I be looking at? I'm actually interested in cashflow, but would consider a value add, wh...
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I've been looking for an investment property for about 2 months now in a vacation area that is about 3hrs away from my city. It's overall a good area for STRs. I found a house that I think has potential - AirDNA is es...
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I rent out a couple of SFR's where tenants are largely responsible for the property....yard maintenance, snow removal, utilities (gas, electric, water, tv, etc). one awkward scenario I've recently run into though...w...
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Hello,Firstly, I apologize this may be a little long.I'm sorry if this is not the right place, I've read a few times on this forum about others going through something similar. I am not a seller, but a desperate and v...