William Collins
Found a great vacation deal- but need some finance thoughts
So here is a bit of context. This is a quadraplex in a beach community in Connecticut, and it has been vacant for a long time period (read years). Due to this factor I don't think that conventional finance will touc...
Matt Huneycutt
Build and Hold. Pros and Cons of building new SFR rentals
In areas where the rental market is strong and purchasing rate is low, it makes sense to investigate the buy and hold market, right?Under contract right now, I have two 1-acre land parcels with a house on each...sale ...
Robert Salazar
Appraisal stage of BRRRR
Would you recommend your realtor agent or property manager to be on-site when the appraisal process is going on ? Recently renovated a property in KY, and can't physically be there since I live in NY.
Lee Self
Do I Misunderstand the Role of My Realtor?
So I'm about to make an offer on my first deal and I'm very excited. I asked a friend of mine who is a realtor in my market to assist me, or to refer me to someone who would handle a deal of this smaller size (it's cu...
Chase Gruening
Negotiations and Cap Ex
I am getting close to getting a contract on my second multifamily deal. I am having trouble estimating a accurate cap ex and we are about 20k apart on 330k counter offer. The deal involves 3 separate duplexes (6 total...
Michael Dunn
No-Seasoning Cashout-refi .... Confused
There is something that I am confused about , and that is the following ...... " The New Loan amount must NOT be more than the borrower's initial investment in purchasing the home + you can finance the Closing Costs ...
Simo Hak
Is this a good deal?
I saw a house that is up for sale in my town ( Louisville, KY). It is a single family house advertised for $69,900 and I was able to get the seller to go down to $64,500.Here are the facts about the houseSingle Family...
Chatree C.
How do you prepare your investment for the next market crash?
Hi everyone, newbie here. I'm planning to buy my first investment this year. I'm trying to do as much due diligence as possible to protect my investment and assets if the real estate market crashes in the future.For b...
Manny Su
Advice needed - First time commercial buying
Hello Friends, First time here. Seeking your advice. My agent got me a Family Dollar property near a town 25 miles from houston texas. With a Cap rate at 6.5% , this property built in 2010 with NN lease is costing ...
Joe Fornasiero
$495/mo in cashflow. Am I missing anything?
I've recently found a duplex that I'm interested in purchasing the list price is $69,000 but I believe I could purchase the property for $60,000. Current rents at $600 per unit totaling $1200/mo. The tenants are up to...