Samuel Hall
First time Owner finance offer
Hi folks,I plan on making an offer on a property with 100% owner financing. The property:- Has sat on the MLS for just short of 365 Days- has two stick built houses on a single lot. - I believe is vacant- I believe is...
Michael Bartlett
Noob looking for advice
Hello All!My job has me commuting all over northern Colorado when I live in Colorado Springs. We need to move more north centrally located to my territory. The question that I've been going back in forth on wi is what...
Rafael Larios
7daysAgo Just bought my first Home, A Duplex, What's Next
A little about me. I'm 28 years old, I'm a restaurant manager/everything else for one mine and my families restaurant, just had my first kid (4moths), married (6years), and i just bought my first home 7days ago.
Tom Rockwell
3 season house in northern NJ
This would be my first deal and the numbers seem to work out, but I'd like a second opinion.The PropertyThe property is a 3-season, single-family house located in a lake community in northern New Jersey. It's a Fanni...
Michelle Hostetler
Keep as buy & hold or sell?
Hello all! I came across a great opportunity in a sought after area outside of Columbus, Oh with very little rental inventory. My friend decided to move to Lima with her boyfriend and needed a quick close on her home....
Ryan Standage
Understanding the 50% rule
I have been reading up on the 50% rule, and i am trying to understand it fully. My previous method of calculating expenses only adds up to a mere 35%
my old way includes
Property tax x 12
Mortgage insurance x 12
Re...
Ben Bakhshi
Working with a partner. Does it matter if he brings cash or a mortgage?
I approached a friend about partnering on an investment.
Basic terms are that he puts down the whole payment, gets 50% of income off the top, no other expenses, and on resale, he gets the original investment back firs...
Samuel Carmichael
What does the title look like after a hard money loan?
How does the seller bring funds to the table, how do I get seller and hard money lender to communicate, and how is it really structured.
I assume - the title is in my name? And the HML has a lien against the property...
Andrew Pettit
Accountant Fee to High?
Morning,
My current accountant charges me $725 to do my taxes for my three properties. Is that normal? Or should I go somewhere else?
Thanks.
Ben C.
Do you rent instead of own?
Do any of you rent instead of own (by choice) and use that free capital to invest in real estate instead (i.e. Flips etc)?
When buying a home you have a lot of additional costs:
Down payment
Mortgage payments
Prop...