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Hi all
I have three duplexes in Columbus Ohio as an out of state investor. Two of them are in North Franklinton off of Hayden Ave. There are a lot of rehabs happening on that block - I just finished one and am about...
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I have an odd situation and I'm hoping someone may know of a solution.I have a Townhome rental property that has FHA mortgage with a 2.625% rate and I was able to get the PMI removed through a fast track refi earlier ...
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Has anyone tried PROSPER as a passive investment for earning interest income? It sounds like a nice concept, better than earning 0% with my bank. Also, no tenant headaches. Wonder if anyone has tried this before.
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Okay, so I own one house and rent out the extra bedrooms to friends (boarder income). It seems many banks won't allow me to use my boardsers income at all on my debt to income ratio?
Are there lenders that will reco...
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Hello and please advice...
My offer was accepted by the seller for $118k and we are scheduled for closing on June 25, 2014. This property has a tenant that pay about 1250 a month and is on a month to month w...
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I posted a thread a week ago about an upcoming auction in Ft Myers by REDC (auction.com) I was out of the country, but my assistant was there to buy. We learned a couple things.
1. A much larger % of properties were ...
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I understand the concept of making an offer on a mf based on NOI and expenses and the cap rate; however, in the event of an REO mf that will be empty - if not @ coe than not that long after - but still non performing....
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I've always been a fundamental real estate investor, buying single family homes in Austin after the stock market dot com crash when foreclosures were plentiful and renting them until the market came back. Moving into ...
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I've been working with a contractor on my first couple projects - I got very lucky and happened to find someone who's skilled at the rehab game. I've got a second concurrent project just about ready to go, though, so...
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I have a question for the guys who deal in low income areas for rentals. I've been looking at some houses in a low income area, I know that the properties will cash flow but my only concern is that the homes are not a...