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I am currently attempting to obtain a conventional loan with 25% down on an bank owned investment property.
There is a negative slope grading issue that allows water to flow towards the basement. As a result, the ba...
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Hello Everyone,
I just bought a home in the Pontiac, MI area. First home, with a conventional loan, 4.1%.
I am looking at my first investment property. 2-4 plex in the <$100k range (which there are several).
...
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We are in contract to buy a home with a rental apartment unit. I spent money traveling to see the home in another state. Are these expenses deductible after we complete the purchase?
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I am interested in a property that is set to come up for auction. It is a 3 bed 2.5 bath, 1700 sq ft SFH built in 1980. The starting bid is 125k and the comps suggest that a good ARV would be between 380k - 400k. So t...
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Hi there BP,I'm seeking a FHA Lender who can assist me in purchase a multifamily investment property in the Northern New Jersey area.Thank you,Anthony
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Folks - I purchased a property in Jan 2017 in Memphis, TN and the following is the analysis over the last five months. As you see, net income is -$5206.15. A few key things:1. The reason for negative net income is bec...
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Hi everyone!
I just want to know how much interest rate you gets recently for conventional loan on a investment property that you put 20% down and have good credit score?
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My partner and I just closed on our third investment property. We purchased a three unit for $78,000 with the seller contributing 6% towards closing costs, with an FHA loan (love house hacking). The buildings operatin...
Hello, allMy name is Ryan in Montgomery Alabama. I own 5 houses (1 with Mortgage, 4 paid off)I am living in one house with mortgage on it. and 4 houses are rented for maybe around $650 net income(after property tax, H...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Jacksonville.
Purchase price: $80,000
Cash invested: $25,000
We eventually made a deal for this duplex and the adjacent du...