First off, I have to say that I absolutely love these forums. I've lurked around here for quite a while, and learned quite a bit. These forums have encouraged me to pursue REI. Because of my continous visits to these ...
[b]Hi I have a log cabing home in Okeechobee florida. We are now on our secound contract with a buyer, we can not get the banks to approve a loan for anyone. The problem is the comps, they want another log cabin tha...
First post on here though I've been lurking for a while. I'm relatively new and small time right now (2 properties, longest is just over a year). I could use some advice on a situation with a Tenant and my first bounc...
Yesterday I signed the paperwork on a 25 year lease with option to buy. The option amount is for balance owed on the sellers current mortgage loan at the time option is exercised. I'm making payments directly to the b...
So I'm having an issue figuring out what to do with a property I own. I purchased this 4 bedroom 1 bath home for $8,500. with the remodeling costs I will finish out between 28,000-$30,000 all in. I sold a property ...
Hello everyone, I am looking to buy my first investment property this year and looking to focus primarily on HUD voucher holders. I am inquiring about different financing options that may be out there that I am unawar...
Hi all,I bought a 3b1ba home in south Chicago about 2 years ago on a turnkey website. The numbers made sense at the time from what I could tell.Fast-forward 2 years and I've paid about 18K in repairs, which seems at l...
This is my first non-intro post, so hoping this is the correct place. Quick background. We bought our condo in 2001. We kept it as a rental when we moved to our current house in 2008. We are currently in the process o...
So I recently reached out to a laundry mat because I heard they might want to sell. I’m more interested in the real estate it sits on primarily because it has corner building that I could open up another coffee shop....
Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest. It is cash flowing a couple hundred bucks every month (so rent > mortgage).
I have a lot of cash saved up in a 5% HYSA c...