Account Closed
Buying my first duplex, confirming my numbers
Hey guys. First time home buyer with a young family looking for a multi family home financed with an owner occupied FHA loan (Maybe 203K). I've lived in South Florida for 4 years so I have a decent understanding of th...
Damian White
Honest Experienced Opinions - Cincinatti Ohio
Hello All,I need honest experienced opinions.I located a property in Cincinnati Ohio, placed it under contract last week. I am not located in Cincinnati Ohio; This will be my first out of state investment property. ...
Jeff Jones
Any recommendations for Chicago land property manager
I currently have 9 properties in Chicago and I need to switch property managers does anybody have a good recommendation for somebody who is honest and reliable
Andrew Major
Plan of Action - Military and Long Distance Real Estate
From my post before, I described how I will be in and out, then finally deploying for 9 months. I am currently in Fort Drum, NY. You all had some good feedback, and this is what I finally came up with. This plan wil...
Account Closed
A matter of life and ...
You can finish the line after reading this!
What happens when a bunch of people, the
elderly start killing themselves cause they
bought into the bubble, the refinance hype
movement bubble.
Is life now so cheap? ...
Blake Wilson
Using a HELOC/Home Equity Loan for down payment
I am in the process of talking to banks about taking out a HELOC or Home Equity Loan on my residence which I plan to use for a down payment on a first rental property. I am having trouble wrapping my head around a co...
Nikki Harmon
How do you deal with offers below your contracted price?
I am not a wholesaler, but I am curious, especially after my thread about a wholesaler that misrepresented himself to me. Now, there is a lot of debate about the wholesaling topic over there, but something came to my...
Nicholas Bailey
50% Rule/ 2% Rule in expensive areas -> is my reasoning correct?
I'm looking at properties in Chicago and these rules of thumb are basically impossible. I've been listening to the podcasts and reading about the deals, and the numbers are always for these cheap areas, whereas I'm l...
Pradeep R.
Buying a Condo that has rental restrictions
Hi ,Here's my situation - perfect property meaning its within the budget, house is solid, location is safe and potential for growth and most importantly the number crunch seems to be on the favorable side ( I hope )! ...
Lorene Fleming
Evaluating an empty multifamily
I understand the concept of making an offer on a mf based on NOI and expenses and the cap rate; however, in the event of an REO mf that will be empty - if not @ coe than not that long after - but still non performing....