Would you buy a 2-4 unit property that needs 85% increase in rent to match market rate and purchase price?
I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
Hello everyone. I'm preparing to pickup some properties for my own portfolio and decided to check with Lima One Capital since it seems like they have a pretty good fix and flip loan program, as well as a great long t...
I am under contract on a fourplex in North Canton, Ohio. Very nice area and the landlord has owned for 20 years and retiring. One tenant has been there since 1994, is 87 years old, and pays well below market rent. Ren...
Hello all,
I am trying to analyze a deal for a potential "subject to" and wrap mortgage using owner financing and wanted to see if anyone could provide some assistance or recommendations based on the numbers....
i've been told that on reo's banks normally don't take less than 20% of asking price and its a waste of time to go out and offer half of list or below even if the property has been sitting for 5 months to a year or mo...
As my wife and I research options for our first short-term vacation rental property, we are looking very closely into local regulations in each of the markets/destinations we are interested in. What happens if you hav...
I am in the market for long term buy and hold rental properties. I have the cash to acquire a couple of units but would rather use that cash as a down payment in an owner financing scenario. I do not believe that I am...
Long time lurker... looking to get into RE investing, and running tons of numbers and am currently in the paralysis by analysis stage. I run numbers on some properties where things look good, but then it's a minimal a...
Hi BP ! My husband and I are selling our primary residence to pay off all our bad debt and get started in realestate investing. We plan to rent for a year until we save up for a downpayment or buy cash. Should we get ...