we closed on a rental house recently that we paid cash for. I want to get a mortgage on the property but am having a hard time finding a bank or lender that will offer more than 65-75% of the purchase price as we have...
When you guys look at multifamily properties what's the lowest cap rate you will buy it at and what's the minimum cash on cash return to make the property worthwhile? It appears that cap rates are heading downwards in...
I have a flip I'm working on its about 900 sq ft 3/1.5 with a nice full basement. It's arv I'm putting at 110,000. I just ordered my cabinets. Shaker style hickory unfinished from Menards. I'm going to put in low ...
I'll be viewing my first home tomorrow, ever. My wife and I are planning on house hacking so this will also be our primary residence. 1 building has 2 units. Both 2 bed 1 bath.1 smaller home as a 1 bed 1 bath.Home is ...
Hello All-My name is Ryan and I am a new member in Austin, TX. I am originally from Austin and have been investing in real estate on and off for 11 years. I have acquired some single family residences and a condo for ...
Hello all,I setup an account with erentpayment.com today. It seems like a good service. However, my only issue is with the deposit to hold payments and the initial move-in payments. I would like to have tenants pay...
How much money do you typically put down on an investment property? If your giving a dollar value please give me an idea of the purchase price.
Most banks are requiring 20-25% in Michigan but I'm not sure it's the b...
I am still struggling to get my first deal done. I am wondering about the market in Woonsocket. I see all the multi-families ( foreclosed) for sale( 80k-100k), however when ever I try to pull comparison they are all g...
I have $135k in equity in my primary residence. I recently saw a SFR 3/2 deal at $99k cash, $10-15k rehab, $134k ARV, $1095/mo rent. Just an ok deal.
But it got me thinking about my ability to do a refi or a heloc t...
Hello All,If you purchase a home for a rehab sell it and then use those funds to purchase another rehab and continue going. Do you have to pay capital gains taxes on that profit earned or is that considered 1031 excha...