Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
I am about to close on my first fourplex this Friday through an owner-occupied FHA loan. The property fits my investment requirements at market rental rates. Unfortunately, the previous owner has kept the rents for th...
I'm new here --we bought a 5 unit rental property in Hillcrest (San Diego, CA) for $411k in 1999. It has a positive cash flow now as we've remodeled and raised rents over the years. I manage the property and we live n...
I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
I have a home owner who wants my help in selling her home by doing a lease option. The home is in good condition but has negative equity. They have not missed any payments. I am trying to do a cooperative lease option...
I just spent about 10 minutes searching and didn't find an answer to this specific question so here it goes.Does a bank look at a MF loan any differently if you make one of the units your primary residence? I'm looki...
My husband is in the military and we are getting restationed to Okaloosa County, Fl, (Destin, Crestview, Niceville, Fort Walton Beach) area. We want to purchase our first investment property, preferably a multifamily,...
I have gotten tired of answering the phone and too cheap to pay someone to do it. I recently started having all calls go to voice-mail that directs them to my website that gives more information and has a page to answ...
Hi everyone I'll try to be brief and give the pertinent details. I'm being given the option to take over two apartment buildings from my dad. He is thinking about selling the buildings for around 1.6 mil but will give...
Hi BP,I am starting a website to attract leads while also educating them so I am their source of info and can find their best option. I plan on using wordpress and host gator. I don't care if the site is aesthetically...