I bought a house 6 months ago in california with PITI is about $1500 per month. I live in one of the rooms and I am renting the rest out for $2500 a month so making about $1000 extra. I want to buy a second house asap...
looked at and missed a deal the other day. Cash buyer snatched it up. Here were rough specs:ARV 200KRepairs 15KSale Price 100KFor some reason, seller only wanted 80K at close and a note for 20K payable at 7%. Intere...
I purchased a SFH in Cape Coral area in 2010 when the market tanked for 61k. Its been rented to the same tenant since for $700 month. Annual expenses are $2k for tax & insurance. I could net roughly 110k after clo...
I’m planning on making an offer on a house tomorrow. If the bank accepts, I need to give a 10% cash deposit within 48 hours. Ok, I’ve got that covered. However, I plan on using a hard money loan on this transaction as...
Hi Group,First I want to thank everyone for the amount of information I have learned in here. Here is the situation. I am a broker in South Bend Indiana. I went on a listing presentation for a tri-plex today. I really...
hi. I invest in tax deed properties in Ohio, which has a slightly unusual system in that if you 'win' a property at auction, you only have to pay a deposit on the day (usually around 10%), and the full amount is not d...
Hey everyone.I'm looking to buy a duplex in Knoxville, TN. I'm leaning toward house hacking it and would prefer to get an FHA loan for the lower up front down payment since it will be my primary residence. Both units ...
Hello everyone,
I am buying a condo in the heart of Leavenworth to use as an income producing vacation rental. I have not closed on the property yet, but am already overwhelmed with what needs to be done!
1. bathroom...
Hey guys,
Was hoping I could get some help on my first pre foreclosure deal. I went to view the home today and I think its got good potential to be a sweet deal. Since this is my first go round with pre foreclosures,...
Hi everyone
I rent a house in east TN that has been for sale on the market since about last July. Recently my landlord asked me if I would like to sell the house for him. He has had it listed with a realtor b...