Clear lake (houston) TX. 2b/2b condo 1000sqft
4% cap. 100% equity.
Purchase price plus all fees plus repairs $90k
Appreciation 5%
Market value $85k-$95k
Currently rented to a good tenant who pays on time with...
Hello BP members, my wife and I are new Real Estate Investors from New Jersey. We are looking forward to learn from everybody here. Our goal is to start with Rehabbing then rentals for passive income. Any pointer...
I currently have an single family house in which I live in with my wife and kids. We want to start to buy and hold property for rentals. Do I need an LLC to start out ? I would also like to know how do you keep obtain...
Hi all!I am getting ready to buy my first multifamily property which I will be house hacking and living in! I got pre approved for an FHA loan, and I really want to finance with an FHA loan so that it is low money dow...
I am in the process of buying a single-family home in Texas from California (out of state). Is there a way to ensure that a home you want won't be taken by someone else? What is the best way to ensure that the seller ...
So yesterday I was talking to another investor I'm trying to buy from and in our conversation I asked him if had every refinanced any of his properties to buy another and he told that he hadn't and that you never want...
Trying to decide on using reserves to pay off rental mortgage or keep. I am retired, 72 and own 4 college rental houses. Zero vacancy as housing shortage is acute and typically let students pick their successors. I st...
Hi Everyone. I’m in the process of hiring a full service property management company while purchasing a couple out of state investment properties. I wanted to see what the best questions to ask the property management...
I’m looking for some general knowledge about understanding FHA loans. Are there income cut offs for qualification for FHA loans? For example, If your income is $100k+, you can still put down a minimum 3.5% with a scar...
The first call is to always find out if they are motivated or not, after you find out they are motivated, do you look to schedule an appointment for the house and negotiate in person, or over the first call do you rig...