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So I found a short sale opportunity around Denver. Bank had it listed a couple months back and just lowered the price another $30,000 after nobody was moving on it. Problem is the house has structural damage that was...
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Is Memphis, Tennessee a good market to invest? Based on prices I’ve found, I can purchase 3 properties that would generate cash flow, but I also don’t want to invest in a market where appreciation is flatlined. Advice?
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Hello BP, how much money would you need down for a purchase agreement for a property under $40k in OH as a wholesaler. Just asking because some use a percentage rule and some just use $10 that I've seen.
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Excited to share that I just closed on a newly remodeled Triplex as my first home purchase and 2 blocks from the beach! Passing the Self-sufficiency test on 3-4 unit properties with FHA financing is truly a nightmare....
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For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-...
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In Texas, when we buy or sell a property we must disclose that we're a licensed real estate agent.I was also told by one of my instructors that if a seller wants to sell their property for under what it's worth, as a ...
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John Schaub says that considerations don't have to be in the form of cash; they can be a service. He says if you're optioning a property, you may want to make your consideration an "initial house cleaning" or some oth...
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Hi Everyone! I am actively searching for my first multi family property here in the suburban Philadelphia, PA area. I am 24 and new to the investment game. What I would like to do is to get FHA and live in one of the ...
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Curious exactly how does DTI come into play when buying a non owner occupied investment property with conventional mortgages. From my understanding if 75% of rents cashflow over PITI it actually improves you DTI for a...
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Trying to close on our first 4 unit this week. Everything has gone relatively perfectly until now. We got the appraisal back Monday, and although it was at the exact valuation we wanted, and didn't require any changes...