I recently bought a 14 unit garden apartment value add deal and currently am trying to get the laundry room situation dialed in. The current laundry room is small and can only accommodate (1) washer and (1) dryer. A c...
I want to sell a sfh on a wrap to another investor. It has a $70,000 mortgage at 4.25 %. I can sell it for $150,000 if I don'tfinance it so I believe I can bump it to $155,000 or $160,000 if I sell it on a wrap. I'...
Hello,My wife and I will soon be collecting net proceeds from a home sale in the 5 figure range. Our plan is to sit on the money for ruffly 6 months while we deal with some other financial things before re-investing i...
Good morning-
This is a great site. I have been trolling around here for a while and have already picked up on many nuggets.
I am hoping to get some advice on my first two projects that I have going on ...
I purchased a property in Birmingham, AL (Jefferson county) for $65K but on the county's tax assessor website, the property tax is being calculated as if the property is worth $84K. It looks like that was the assessm...
Hi everyone, my wife and I are looking to buy a quad/triplex and live in one of the units to qualify for the FHA loan. Our plan was to live there for a year, move out and buy a personal residence using another FHA loa...
I'm starting some research on buying a 4-plex community in the Phoenix or Scottsdale area. Has anyone on this forum bought a similar property out here? Is it better to buy a 4-plex, or would just buying out individual...
Two Disclaimers: 1. Before everyone comments there is more to underwriting than projecting exit cap rate and it varies by market, know that I already know that, and this post is regarding a general concept and a quest...
Hello! I'm completely new to this, and just moved back to Louisiana. I am looking for an investor, but i keep getting the run around and having to go through an 'approval' i feel like it should go by the property or s...
I know that this can really vary. I am still hoping to get some opinions on average time for sellers realtor to receive an offer after a showing (obviously, if buyer wants to make an offer)?