I am new to real estate investing. I am looking at buying my first property soon. I have listened to all the podcasts and read several books. From what I have gathered is that 1-4 units is considered a residential loa...
I’m looking to flip some house with my self directed Ira. I will loan the money from a private lender through my self directed account. Seeing what the proper way to set it as for ubit tax if that applies and how peop...
A neighbor urgently needs to sell their home due to medical issues & moving out of state. They want to sell for around $235,000. It’s a 2 bed / 1 bath historic home near central Phoenix, AZ. My home is also histor...
I recently was working with a seller and gave her 2 offers. One all cash for $100,000, and another offer for $110,000 but she would carry a note, and get paid when the project was finished. She didn't seem interest...
I've been doing some research on a 9 unit complex for sale. It's been listed for a year. It is a 6 unit apt building, a 2-story/2-unit building and a 3/2 mobile home on 5 acres with a pond. It is fully rented, and ...
Hi All-I rehabbed and listed three properties for sale. They are rehabbed to a high standard and my asking price is somewhat lower inferior comps.I have received offers where buyers are either asking for 3% CC concess...
Hey Guys, I'm looking at a home with a little less than 800 square feet. The deal seemed good at first. The location is good. The neighborhood is good. The rents are good etc. However, we've never purchased a pro...
Here is the situation.
Neighbor dies and there is an existing mortgage on his property. He has no assets so the bank begins foreclosure. A year or so before the owner dies, his daughter moved in to take car...
Last year, I created my first deal and purchased a four unit. My fiance and I house hacked a duplex, where the tenant pays the majority of our mortgage. And during this difficult time we were able to use an unique str...
I'm asking because I notice property prices are pretty affordable. but the property taxes can be attrocous in some areas of Milwaukee and it's suburbs. so I was wondering if that changes this rule of thumb for evaluat...