Tony Nguyen
how do I buy this 44 unit with the least money possible?
Seller bought this for almost $4 mil @ the height of the market a few years ago. It's annual NOI today is @ 120,285 so @ a 10 cap, I've valued it @ $1,202,850. They'd walk away but don't want to ruin their credit so t...
Account Closed
Jon Doe wants to rent from me!
Uh, yeah. -eyeroll-I’m a new landlord BUT I also wasn’t born yesterday. Got this response from Jon to my Craigslist ad, the first vacancy I’m working to fill:“Hey I am interested in the place I have no rental history ...
Zachary D.
Getting financing on 4-plex as a fresh expat coming home in 2015.
my situation is a bit odd.I haven't worked in the U.S. For 3 years and I'm moving back in May 2015.I'm dedicated to real-estate. I'll need financing for a 3 or 4-plex , but I don't have recent work history in the U.S....
JD Peterson
Advice Please: Debt Consolidation Using Equity - YES/NO?
Thank you in advance for your help! I'm trying to figure out, big picture, if this is worth it and I would DEEPLY appreciate the advice of people who have been working with real estate (investors, financial planners/i...
David Zachery
Self employed income too low
My wife and I are both self employed so on paper we don't show enough income for a loan for a property. This would be my first property. I was looking into a turnkey rental. Ideas? Keep in mind I'm new here and so ...
Shawn McCarty
Buy & Hold
Hello, I am trying to pickup my first buy & hold (first real estate investment period)... I have some potential properties, I have some people who would lend hard money based on the deal alone. My only problem is ...
Chip Chronister
Due on sale called what now?
I bought a house approx 9 months ago with sub2, caught the house up paid all the fines etc of 1200 and then I gave the sellers 800. I filed the deed. The bank that has the loan I actually used their meeting room and t...
Michelle James
Would you rent to this tenant?
Hi, I'm new here and read the forum fairly regularly, but wanted some opinions on a prospective tenant. I've had my rental for 2 years, the first tenant was a lucky find (great renter, high income, exceptionally respo...
John Colagross
Refinancing my home. Cash out?
Hello all. My name is John. I live in Muscle Shoals, AL. My wife and I are refinancing our home to take advantage of lower rate. We were on a 15 year fixed with the goal of paying it off by retirement (I’m 48). After ...
Dillon O.
DTI Issue: House Hacked Rentals to Purchase SF Primary
Looking for advice on how to navigate this unexpected scenario.My wife and I own 2 duplexs we acquired with owner occupied financing and house hacked/fixed up. Both are in our personal name. Living in the 4th unit rig...