Hi everyone, in April 2020 we purchased a 4-unit property in Los Angeles where the seller financed a 2nd mortgage. The seller stayed in the property as our tenant after close. We are attempting to pay off the 2nd, whi...
I have a few questions when it comes to calculating taxes on my BRRRR properties I am hoping someone can shed some light on.
1. I want to make sure from my research that I know how to properly arrive at the deprecia...
What would you seasoned investors do if you had unlimited private money with the following terms:
5% down
6% interest
7 year balloon
25 year am
I'm just starting out with some education and some property management ...
Listened to Podcast again 233 last week, with Arianne Lemire. I am interested to learn more about this strategy. Can someone explain to me in greater detail how this works? What are the requirements? Can it be done ...
I put my feet to the fire and bought my first property.. Now I'm hungry for more. but I don't have the capital that I used to have. So I'm looking into growing my portfolio with single family / multifamily homes rang...
Hello Everyone,I found an off market deal with a retiring landlord who is starting to sell off their properties. One of the packages they are offering me is two properties (5 unit and 4 unit) for 1 million dollars tot...
Hi,I am attempting to secure financing for a five-plex via a commercial loan. This is my first real estate property, but it's older and the loan amount is small (less than $200k), so the banks and credit unions I shop...
So, I will be closing on my 1st investment property soon. I saw the property the 1st day it was listed, while at the house speaking to the agent she literally was receiving offers for the house and the phone was ringi...
Hi there,My question is regarding balloon payments. I saw a deal posted on realtor.com as follows:Fully rented brick 4-plex. Seller will finance with terms acceptable to seller. Minimum 20% DOWN, Accept SELLER'S EXIS...
Apologies if this has been asked before, please just point me in the direction of that post if so. Looking for creative ways to get a good chunk of cash for first property. We have the worst house on a good street. Ho...