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I found a seller in a small town who owns 9 rental houses (11 units total since 2 are duplexes). The houses average around $33,000 per property so let's say I could purchase the whole bundle for $300,000. Is it possi...
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Hey everyone! I've found a partner who's willing to finance a short-term while I will be in charge of operations. Considering we haven't locked down a market yet (debating between Shenandoah or Blue Ridge) would it ma...
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I am working on my first deal and these are the numbers:
VA Foreclosure listed for 95,900.
Market Value 102,777
Average Value on street 114, 228.89
3 Bedroom 2 baths, 1 car gargage and only repair would be changing o...
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Trying to determine if this is reckless or sophisticated investing....The idea is that annual percentage increases and the possibility of rates lowering will allow for positive cashflow.-A property with a 30 year mort...
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Hi All,I wanted to lay out a deal I am looking at and get others opinions on quality of the deal and of options to finance considering the assumed mortgage.Asking Price: $1,425,000Mtg to be assumed: $720,000; 4.68%; 5...
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New here and would like to first say hi to every one.
My wife and I are are the 50 mark and been married only 7 years. Unfortunately neither of us had anything to bring to the marriage in the way of retirement. So w...
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Hi everyone - I have spent the past few weeks poking around on this site, what a wealth of information! I am currently a stay-at-home mom/part-time estate lawyer, and my husband and I have been looking into new avenu...
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I've never invested in investment rental properties and I have a question. I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...
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Adapted from a twitter thread, thought I would share here:The BRRRR method of real estate investing (Buy ➡️Rehab➡️Rent➡️Refinance➡️Repeat) has become a popular strategy in recent years to maximize gains in investment...
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Are the terms/requirements/guidelines for a conventional/conforming Rate and Term refinance different than a cash-out refi? Not asking about the differences in the product/concept, I've got that. Also, not talking a...