I read online that:
"Fannie Mae agreed yesterday to become a “national landlord,†by support the first initiative designed to rescue renters facing eviction all across the country. The mortgage giant will sign mo...
The formula for cash-on-cash is cash flow divided by total cash invested (aka down payment). To my knowledge, it's primarily a single-annual indicator meaning the cash flow is annualized and only for one year, whereas...
I am about to buy out my aunts 1/2 of a property that she and my mom inherited from their father (my grandfather) The property is owned free and clear.
I have many questions on the way this can be done. The property...
I found a property - its a small duplex.It is two - 2 bedroom apartments1st unit - paying $1,500 month2nd unit - paying $1,300 month (not paying rent currently)Total income $2,800Tenants pay all of their own utilities...
What's going on people? I need help with my business strategy. I have 2 rental properties which are free and clear. I'm sitting on at lease 225k in equity. Having properties free & clear for 2 years now has been s...
Hi everyone,Here's a question that I have. 5 years ago, a bought a ramshackle place (that was rehabbed) for total price of 99K in Denver. I'm now getting $1250 a month rent through Section 8.I'm getting some comps on ...
Perhaps someone can help clarify my thinking on a financial question.For this discussion let's assume we're talking about a $100,000 30 year fixed rate mortgage at 5% with a payment of $536.82 per month.Not that you w...
Has anyone done delayed financing in Florida? I have talked to quite a few lenders - even some that say they can do delayed financing but everyone says it’s based on the purchase price (without the rehab) - not helpfu...
Hi BP,I would like to inquire the following about apartment building investing in Miami, FL;1. Average Two Bedroom Rent (Apartment Buildings Only)2. Average Price Per Unit 3. Stable Blue Color Neighborhoods Any respon...
I am no expert in markets, finances or anything like that.. but since the stock market seems inflated.. are we going to see real estate prices drop within the next year? Specifically if the stock market drops signific...