Hello, My husband and I are in the process of purchasing our first investment property. It is a bank owned SFH with an electric boiler. The water service has been shut off on the property due to freeze damage. We ...
So I'm reading through Brandon Turner's book on rental property investing and a few questions came to mind. How do lenders determine interest rates? Is it possible to know what sort of interests rate I'll be able to g...
-I have Single Family Home under contract price 220k - buyers inspection noted 2 items:
1) roof (shingle wear) replacement estimate:4,500-8,500. I was told the roof had 5-7 years left/no leaks
2) electric panel (do...
Hello, I am just doing some research and homework and crossing things out on my list of things to do.2 questions in my mind and which still I haven't found answer to1. which legal entity is the best for me to enter th...
I came across a property on the MLS that is being sold by a flipper. This investor purchased the property at $40k, and is now selling it for $85,500. The listing also mentions that the owner (investor) is motivated. T...
So I've secured a cash out refinance and they're offering me 30k in cash. I can't manage to get a bank to offer me a mortgage even with a credit score of 750+ and a huge down payment. I'm really stumped. Ideas?
Long time single family investor looking at my first commercial deal. Tell me your opinions.
110 unit complex taken back by local bank. The area is "B" class. Bank is willing to take back purchase price as financing ...
However, during the storm of Hurricane Sandy, a portion of the house next doors fence came down, this property is also vacant and believe it's now owned by the bank, I have placed it back up for now as I have a dog t...
The year is 2013. I've just accepted a job offer near my hometown and need to decide where to live. I can get my own apartment and enjoy the young, single life maybe living near downtown, or my parents have generously...
I bought a foreclosed house in Sandusky Ohio area in January 2015 for $8,500. The house is in a fair area and needed a ton of work. We started the renovation and did a lot of work ourselves, but also paid to have...