Just a thought I've had for a couple of weeks now.
What if I used the FHA loan and paid the PMI for a condo where I live and then get a rental property? I would have to take HOA's into consideration but . . .
Buy ...
Good morning BP!I've been looking for a good property for my family (we have 2 toddlers) to house hack. We're located in the northern Chicago/ Jefferson Park area. There's this one near us that we like but it's been...
I have a property under contract (Buy and Hold conventional loan) in 38111 Cherokee, a couple blocks from where the 78 meets the 240 on Railton and Parker. The street itself doesn't have many properties worth more tha...
Thanks for dropping by. I'm a newbie and about to purchase my first investment property! Everything is going smoothly but the one concern I have is a metal tank found during a scan. I have order from the township fr...
My husband and I have recently purchased our first rental property, a triplex with all three units currently occupied. The property closes march 31st, so we have a bit of time yet to get things in order.
I'm wonderi...
I'm hoping someone can give me some advice. When buying an investment property here in NJ to either to flip or hold, my plan was to move it into my business name (newly formed business) after closing (simple deed tran...
I am in the beginning stages (just setting up website and getting business cards) and I was thinking that leveraging the older marketing of the "We buy ugly houses" might be a good idea. I settled on the name Steve B...
I have a house under contract. Pretty turn key. 20 years old. Seller asked $360k. I got it for $350kHas two a/c units with heat pumps. Both are original equipment. Inspection says they wouldn't repair them. They may k...
In short, I have a tired landlord with 9 units (4 Duplexes & 1 SFH) they want very badly to get rid of. They just want them off their hands. Rents are WAY below market and they have no clue what they are doing. Th...
I am learning how to analyze deals but almost all of the properties that I analyze have a negative cash flow. At this point I am starting to think that I must be doing something wrong. Three of my reports are linked b...