I am looking at a quad in my area. All 2/1s with w/d connections. Building is all brick. It is currently a short sale listed at 200k. 2 units are currently rented for 700 each. The other 2 should command the same....
I've made a 3 offers on Short Sale SFs to turn into buy and holds. They have all been nearly turn key - minor paint/flooring updates but nothing more than that. I'm looking for cash flow and cash on cash return so my ...
Im asking for my brother who is tenant. He moved into an apartment back in November 2016. Building is a 2unit he lives in the 2nd floor. Dec 19th a sink pipe burst on the 1st floor unit used by the landlord for storag...
I’d like to get a HELOC on 3 rentals that are paid off. Ive heard you can not do that anymore. Is this true? Does anyone have a suggestion?
Thanks for your help!
I would like to know people's opinion on an idea I have below. I have some (but not a ton) of experience renting and selling properties and would like to know if something is flawed in my logic. Of course I would do a...
Good Morning!I am currently taking the pre-licensing courses for my broker's license. I will finish classes in July and I am looking for a brokerage. I am in Raleigh, NC.Does anyone have suggestions of agencies I sh...
I would like to learn about offering leases with an option to purchase to tenants. Specifically, how to structure these agreements. How long is the lease? Should the owner require a non-refundable down-payment? How mu...
I've just financed third investment property and have my private home. Did I just cap out on conventional loans for future real estate? I thought the rule was up to ten but seeing online discussions about the impracti...
Hi everyone. I've been invested in SFRs since 2013 but am looking to get into my first multifamily deal in Houston (I'm based here) and was wondering if there are likeminded individuals in similar position looking to...
Hi everyone! My dad and I just purchased our first property and have began the process to convert the home into an STR. We created a partnership tax ID and private banking account. We set up the partnership agreement ...