As a first-time flipper of a SFH with a goal of making at least 10k on the project, would you recommend financing everything with hard money (10.6% and 3 points, loan for $189k, interest $1,717/month) and a personal l...
Hello all,appreciate your advice and feedback for the following deal. It is a SFH located in Philadelphia N 59TH Street. Purchase Price: $74,020Monthly Rent: $950Est. Monthly NOI $615Year Built:1955Bedrooms:3Bathrooms...
Ok Detroit Michigan members... I have a few questions...
I have heard about Detroit on the news a lot lately… i.e. foreclosures etc.
I was just playing around on Realtor.com and saw there are 11,754 homes for sale...
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
I have a tenant who looks like she may be a problem but I'm not sure how I can get rid of her because she pays her rent each month.
I had a repair guy stop by the other day and basically he told me she
is making a m...
Hi All,I have a couple of properties free and clear that I would like to do a cash out refinance on. The problem is that I did a "Short Pay" similar to a Short Sale but no deed transfer, and as a result I can qualify...
My name is Pavel, I’m married and just recently we had our 4th child. We have been renting up until now and with the growing family we are thinking of buying a home. Since I am a carpenter I really wanted to build bu...
I've heard that in Colorado a HOA super lien is only good for what is due the last 6 months prior to a foreclosure. Does this 6 month limit on a HOA lien also apply if I obtain ownership of a Colorado property throu...
hello, my local REIA meeting someone asked an experienced real estate investor how to buy a property with bad credit. He responded with several suggestions, one of them the following:
"You can buy the second/third ...
Since 2016 I have purchased 8 rental properties in Florida. I have good tenants and the monthly return on all the properties is good. The loan officer I have used for the purchase of all my rentals and primary reside...