Account Closed
Negative CoC ROI and Negative Cash Flow
Planning on living in a duplex where we would have a negative CoC ROI and a negative cash flow for the first year. Only planning on living there for one year because of the FHA rules. From there, I estimate we would b...
Angela Carter
Circumventing the Earnest money Deposit?
Has anyone found a creative way to either avoid having to put down the EMD or a source who might supply such when dealing with a bank? :idea:
I have a potentially AWESOME deal and need a creative way to get around ...
Anthony R.
Shameless Self Pat On The Back
Well I'm happy to say that 2018 has been a year of .... Character building ... but I made it out the other end with another great deal under my belt. I wanted to share the experience here in order to show another simp...
Keith John
Buy and Hold Property Evaluation
For all of the successful Buy and Hold investors:What percentages do you use for the following when evaluating a potential buy and hold income property:1) Cap Ex2) Management3) Vacancy4) RepairsThanks in advance!
Janet Voss
Not so newbie in Oakland, CA
I don't know why, but this introduction post has eluded me. I'm going to get it written tonight, or I can't go to bed! ;-)Who am I? I'm 55 years old and female. I'm an engineer in the medical device field. I was ...
Desiny Smith
Calculating Expenses as a First Time Investor
I've recently been pre-approved for an FHA mortgage. Right now I am looking for a foreclosed or vacant multi to fix in the city of Albany, NY using the 203K product as well as city grants and then refinance (aka the B...
Helene Goodworth
Triplex in NY with section 8 tenants already in situ
Please tell me this is as good as I think it is. I feel like I am missing something. I don't have financing yet but will be getting a DSCR loan for it. List price is $675000 but he said that they would accept an offer...
Account Closed
Assistance figuring our flooring remodel
Hello all,I am working on remodeling my first investment, and I need to have the old, thirty-year old carpets ripped up and replaced with laminate / vinyl to look like wood for the living room, dining room and kitchen...
Devon Craychee
Financing Advice on SFR's
Hello,I am looking for some advice on the best way to use the equity in my two rentals to buy additional properties. Here is my current loan info:House #1 - 64K left on loan. House is on zillow estimate for 142K. I...
Karen Lovelady
Newbie with her first house under contract!! Need wisdom!
Hello! I am super excited as after many months of looking for deals, I have a house under contract. I do have a buyers list, but am a bit nervous. Can you give me any words of encouragement?? How hard is it to find...