So I have been finding out the hard way that rental income does not always count when qualifying for another mortgage.I am house hacking our primary residence. Although I collect rental income from our long term tenan...
B+ area, built in 2006, parking, separate utilities, has good parking spots, real hardwood floors, wash/dryer exposed in kitchen, 2br/1.5ba units, good rental history, rent is $3200 gross, but ill live in 1 unit so th...
Okay, so here is where I stand as of right now. I was 3 days away from closing on a single family in Newton NJ. The plan was to invest in the area although it was rural their are less expensive multi family and flips ...
Hi! Newbie here. I am 24 and am in my option period of a three bedroom house in Mcallen, Texas. This is my first time investing and I want to make sure this is not a horrible deal. The house was built in 2001 and is a...
Alright,I have a challenge for everyone. I'm not sure if anyone has read "The Real Book of Real Estate" by the Rich Dad Team but they reference using a lease option as being an investing method to purchase a property....
Hi Everyone, So I am meeting with a commercial lender on Friday to talk about a portfolio loan on my 11 properties. I was going to create a packet for each property but didn't know what information a commercial lender...
High priced areas shift first and some (not all) areas are seeing months of supply increase. Most lower priced areas are still red hot. What are you seeing?Data: (Single Family Residential) Los Angeles County Months ...
I’m in CA and looking at buying at my first tax auction. It’s coming up next month. I have my list and am trimming it down and gathering info as I do that. I think my next step is to check some of these properties for...
Hey everyone,Quick backstory. I purchased a townhome in Fort Mill, SC (Lancaster County) in July 2023. This is an investment property. The first year my property taxes were $1,619. I have just received an escrow analy...
Okay, So I guess this isn't my first residential rental. I have another duplex that I lived in, couldn't sell, so now I rent it.
This is my first property bought with the intent of renting it immediately.
This hous...