Investment Properties

Investment properties? I am looking into purchasing investment properties and I would like a book that has good formulas in it to know what to look for in a potential property. To see if the rent works with the purchase price.

How to purchase more than two investment properties? My question is how do people have many investment properties say 7-10 $100,000 properties? When you try to get financing for more properties wouldnt you you be so far in debt? I know that you rent out the properties but you cant make that much profit after the mortgage payment. For example if you have 7, 100,000$ properties renting for 1500 a month with a mortgage of 1000 for each your only netting 3500 a month and in $700000 worth of debt so how can you keep getting loans for more properties?

What are some of the best ways to market investment properties online or offline, residential and commercial? As a real estate agent specializing in investment properties, residential and commercial, I would like to know what are the best ways to market my services and products. I have access to residential properties that will cashflow with almost no money down and that are located in high-growth and high-appreciation areas, particularly Branson Missouri. The commercial properties have a strong cap rate and very competitive with the rest of the nation. I welcome any suggestions and, if it is something you tried yourself in the past, I would appreciate a brief explanation as to the results obtained. Thank you in advance everyone!

What websites are good for listing real estate investment properties? I own a few houses that I rent out and am wanting to sell them to investors. I am needing to know of websites where you can list these types of investment properties for sale. Any help would be appreciated. Thanks

What are all the legal ramifications of foreclosing on investment properties? We own 2 investment properties that we are unable to sell and can no longer make the payments on. If we foreclose on them, what are the consequences? Can the bank come after us for the difference once it sells them? Can they come after our house? Will we need to hire an attorney for anything or simply walk away and let the foreclosure goes its course. We do realize this will remain on our credit for 7 years but do not wish to file for bankruptcy. Thank you for your informed answers!

How can I find a good realtor with experience in flipping investment properties in Houston? My husband and I are on the verge of tackling our first house flip but need to build up a team of reliable and experienced professionals to call on -- a leading person in this group is obviously a good realtor. The agent who sold us our first (and current) home is nice enough but SUCH a naysayer on investment properties. So she is out! How can I track down someone who is proven, efficient, and worth their commission?

Does the government have a plan to lend money for investment properties and if so how realistic is it? Investment properties are getting harder to refinance after the properties have been fixed. Does the government understand that when they lower the interest rate the lenders make it harder for anyone to get loans and requiring higher credit scores, higher savings, and just higher requirements to even qualify for regular loans? Not to mention how much more ridicules requirements are for investors.

Would I be charged transfer tax to deed my Nevada investment properties in to a Nevada LLC? I recently formed a Nevada LLC to hold my investment properties in Nevada. I was told that I can quit claim deed my properties into the name of the LLC. Would I be charged any transfer tax by doing so? The deed is usually a minimal $10-$15 but transfer tax can be hundreds of dollar.

How can Canadians finance investment properties in the US? I have a few Canadians that would like to finance investment properties in the US, can that be done by an American Lender? Or a Canadian Bank? Thanks

Does it matter if you leave near or far away from your investment properties? I live in northern NJ and am looking to buy properties around the country. If I hire a property manager to take care of the problems, does it matter where the properties are in relation to where I am? I keep hearing people say "you should live near your investment". Why would it matter if I am hiring a property manager?

Can I get laons for investment properties with my primary home have a mortgage and Heloc on it? I am new to this so I am not sure if I can have loans for investment properties on top of my primary home having a mortgage and Heloc on it?

Can someone suggest good real estate investment properties in Hosur (Close to Bangalore), TN, India ? Hi, We are planning on buying some good property in Hosur as an investment. The main reason we picked Hosur was that it is close to Bangalore, but still in Tamilnadu. Many people guess that Hosur is developing as major IT Hub. Do you think it is a good thing to invest in Hosur and do have any suggestions for properties in Hosur ? Thanks

How to handle partnerships in investment properties? my brothers and i want to put in our money together and buy a few investment properties to rent out so we were wondering how would we do this? i was thinking of making a trust and putting the properties under the trust so everything would be equal but my oldest brother was thinking of setting up a management company business. so what do you think we should do?

How canI purchase investment properties without them all being on my credit? I want to purchase homes, rehab them and rent them out. How do I go about getting more properties if the houses that I already have are affecting my credit (income/debit ratio, credit score etc). Is there a way that I can start a legal business name and have all properties under the business? If so how does that work as far a trying to take out a loan for the houses under the business name? I want to separate by primary residence from my investment properties by not having them under my credit. How can I do this legally in Texas

Is there a checklist I can use for investment properties and the IRS? I'm in quite a bit of debt with the IRS, and I need to have a checklist of items that I might get audited for on my investment properties. I actually need a physical checklist that asks for: selling price, purchase price, escrow, mortgage down payment, etc. I have a bunch of paper (about a whole garage's worth) and I need to sift through the stuff I don't need and get the stuff I do need or might need.

How to get more than 10 mortgages on investment properties? We own 10 investments properties and have 10 mortgages (with Bank of America) on each one. The bank is saying that they can do only 10 mortgages per person. How or where can we go over that limit, with reasonable rates and closing cost. Thanks for looking.

What should I have lined up before consider purchasing investment properties? I'm 22 and looking to purchase my first investment property. I'd like to purchase a quadplex. What should I have lined financially personally and for the purchase itself before I decide? What are the downsides to this investment and is it extremely risky? What should I consider? Thank you

Is there any programs for property managers to purchase investment properties with zero down mortgage? I would like to purchase a property for investment purposes (renting) but cant really afford 20 nor 10% down on loans. Is there any loans offered by banks that offer such help for investors?

How do you get started in investment properties with little cash out and little repair know how?? Also how do you choose such a property so you wont have to make major investment in repair, and what locations seem to get the best return?? ( college towns, small towns or large towns or other locations please make suggestions)

where is the best city to get investment properties? I wanted to know the best cities to buy an investment property some tell me orlando and miami beach are good any ideas?

I have 2 investment properties in Euclid, Ohio.How do I determine the basis and depreciation for tax purposes. I bought first property for $119,000 in September of 2005 and the second property for $127,000 in January of 2006. When I used tax filing software to do my taxes for 2005 and again for 2006,the software indicated that I had zero depreciation for both years.What am I doing wrong. It too late to do anything about last year taxes, but I have not filed my 2006 return as yet. I was told by people with investment propert that I could claim depreciation as soon as the houses became marketable.Is there a mistake that I made or is the mistake with the software?

Are mortgage rates usually higher on investment properties? Are mortgage rates usually higher on investment properties. I want to make sure that i'm gettin the right information. Right now if i go onto bankrate the interest rate is 6.27 on a fixed 30 year. My mortgage broker says that on investment properties that they add a point. The rate I'm getting on on a 30 year fixed on the investment property is 7.5. Is that sounds right or is that too high? Thanks!!!

How do I sell my house and other investment properties......? with Bush in office, and who appears to be so determined to ruin our econemy by his actions of an un-neccessary war, out of control gas prices (no wonder!!! He owns and is actively involved and is financially affected by whatever happens with gas prices) for which he can affect personal gain. Since Greenspan left office, we are all vulnerable to our self serving selfish president. I want to sell my home, and other investment properties, but feel trapped/stuck; because, everyone I have encountered feels as un-certain as I do, and affraid to make any long term commitments to mortgages, for fear of not seeing the end result of what our embarasement of president is going to do next to line his pockets and fulfill his own self needs. I want to invest into Canada or Mexico. Not comfortable investing in the US any longer. Back to my question....How do I sell my real estate in a country with such an un-certain future???

should i refinance to purchase investment properties? i reside in North Bergen, NJ 07047 i'm trying to refinance to purchase an investment property but i don't want to lose my low APR rate for a higher rate. i currently have a 5.25 on my 1st mortgage and a 5.8 on my second. lenders now are charging ridiculous closing cost $3,000-6,000. what is the best way to purchase an investment property without messing with my current loans?

Can I lose my house and investment properties if there is no equity if I file for bankruptcy? I own a house and 4 rental properties and I am worried that if I file for bankruptcy, I will lose them. There is little or no equity in any of these properties. The debt that I am looking to get rid of is mostly credit cards. I have never been late on any payments, but if I don't look into filing for bankruptcy, it will eventually lead to not being able to keep up with my payments.

If someone files bankruptcy in Florida, what happens to their investment properties in NY? There is one property in FL that is registered as "homestead". But there are two properties in NY currently generating income. Are those properties taken away?

What to do about investment properties? I own several rental properties and financed them with the notorious sub prime adjustables. All the interest rates have reset and are now approaching 12% from about 5-6% initially. I have tenants in all (one will leave next month). I am having trouble selling them and cannot refinance. I continue to pay out of my pocket just to be current. What solutions do I have?

When aquiring investment properties, when is a good time to get an LLC.? I'm getting ready to buy my first investment property. It's the only one I'll have for a short time, so should I put it in an LLC knowing that I'll get more properties in the future? I don't want my personal information just out there so I didn't wan the house in my name. Do I need to speak to a real estate attorney to aquire the LLC, and what are the costs involved in getting one? Thanks!

Should I look into investment properties at the age of 22? Ok I just turned 22 years old. I have good credit and have been approved for 2 apartment buildings, one which will be owner occupied. 3 -4 units is what I am looking at. I am not a millionaire i make about 30k per year. I was thinking of doing an interest only loan for a few years in order to get some immediate cash flow. I just dont know if it is a good idea to jump into to something like this at my age. I really need additional income and would like to eventually by many more properties to build equity. It is obviously the time to buy but does anyone think this is a good idea?

How do I get a list of foreclosure investment properties? In California. I don't want my time wasted here, so please only serious answers. How do i get a FREE list of foreclosure properties? ♥CJ

I own 1 main home, 1 business (still carry a business loan). Can I foreclose 2 investment properties? without having to sell my business or my main house to pay lenders of the 2 investment properties?

How can I get rid of my investment properties that are upside down? I have several investments that are upside down. They have really lost their value. I am into the bank for a million dollars and have no money to speak of how can i help myself?

Should I sell or finance my investment properties? I have four houses that I bought to rehab they have been rehabbed and I am trying to sell them. I need some capital to move on to my next venture and currently have no note on thes properties. I am wondering should I finance them to get the cash I need and then rent them out or should I just keep trying to sell them. Currently my partner is attempting to sell them for about 20 to 25k under their appraised value. If I finance them and pay him off and then rent them out the rents would cover the 4 loans any advice?

Are Dubaians interested in US real estate investment properties? I was just wondering if Dubai or the UAE in general is a good place to find cash buyers for US real estate rental properties that offer super low purchase prices and high monthly incomes? I understand there's lots of disposable income in the country.

How can I sell investment properties if I will probably get offered less than I owe on them? I have 5 duplexes that I would like to sell. I might not get what I owe on them. Is there a way to sell them for less than I owe without going to foreclosure. I am not currently behind on the mortgages, looking for options.

How do you find banks to give LLC loans for investment properties? I would like to find some institutions that provide mortgage loans to an LLC but haven't been able to find any that don't require 40% down payments or something ridiculous like that. Is this the norm?

how many investment properties can i buy? I own 3 investment prop now and my personal residence. My mid score is 657.

I am selling a lot of investment properties to a single investor but the sales prices are under 100K? I want to charge him a 3% buyer fee because of the time involved. How should I justify it to him? Give me some good arguments Remember it takes just as much time to sell a 89 thousand dollar house as a 1 million dollar house. The commission is about 2K after fees in my pocket. I believe that charging the buyer 2K is more then reasonable for my time. What do you think?

Will I lose my house after my 6 investment properties are foreclosed on. How can I keep my home.I'm self empld? I own a small construction company. Work has been slow. My credit cards are maxed out and I am about to not be able to pay the 7 mortgages I have. (4 houses have been unrented on and off). I want to at least keep my primary residence for my kids. I have a small pension fund. I need to keep that and use it for food and basic expenses. What is the best plan of action? Thank you.

Can you get the first time home buyer tax credit for 2009 if you own investment properties? I bought a condo last year, but have never lived in it only rented it out. I've never lived in a place I've bought until now. So would would I be considered a first time home buyer & be eligible for the credit?

What is the best way to find positive cashflow investment properties?

where can I find help with a my mortgage? I have five investment properties and now having problems.? I have five investment properties and had put earnest money on two more properties in a subdivision thats now being built. I think I have over extended myself. The homebuilders keep asking me if I contacted there in house mortgage counselors which I have not done yet. These two new homes were inexpensive thats why I went with it. The builder pays closing cost but something tells me I may have hit a brick wall with two much debt. What do you think?

Does anyone know of a good place to go for 100% financing on investment properties in Kansas? It is a single family property, 655 credit score, need to get it done asap. Any help is appreciated.

Investment properties question, how do banks look at them? What is the best way to get into it? Im looking at a property that is 199,000 listed can probably get it down to 190,000. Makes 22,000 a year income. I can put down up to 25,000.

What software is good for managing investment properties (rental houses)?

what should with my investment properties, i am upside down? i own a a few investment duplexes and owe more than what they are worth, i do not cash flow. They've been on the market for 12 months but no response.What should i do?

How many investment properties can I own in Virginia under my name?

where do I get private money or hard money to buy long term investment properties? I am in contract with 2 condos and with the mortgage crisis, I need to get some cash to close the deals? please provide some guidance and leads. Thanks

I want to buy some properties for investment? I want to buy some properties for investment? What are the thing I should check to make sure I am not paying too much and there are not hidden expenses or damages which can give me problem later.

Which mortgage company is best rated for 40 year loans on investment properties? Are there any pitfalls? I am trying to refinance a second home that is an investment property. I do not intend to keep it for many more years and so 40 year refinancing made sense to me

I am trying to get rid of my investment properties due to negative cash flow and huge losses over years? We are current on mortgages, no debts, but don't want to lose more money. Pls advise. If you know a good lawyer in Tampa Fl, pls recommend.

We have 2 investment properties should we manage our selves and use that apartment manager program to keep the records of profit and loss rents and deposits and every thing like that? What programs are good? One is a 12 unit building in good shape the other is a duplex is good running shape. basically the expenses are the routine utilities and gardener aside from random maintenance. I will need all the help I can get.

Are rates the same for investment properties vs the home you call your primary residence?

Can significant renovation expenses offset taxes on real estate investment properties if sold less than 1 year example: purchased for 70,000. renovation costs of 7,000. sales price of 125,000 six months later. If I hold this property longer than one year, will this make a difference?

Is bankruptcy the best option after receiving foreclosure on investment properties?

I'm researching investment properties to rent out, does it make sense to rent yourself? When you're renting out your home to someone, I THINK that their money covers the cost of rates, as well as 50% to 80% of the mortgage. (Please correct me if I'm wrong). So pretty much, does it all fall together, so that you pay rent to live in a house meantime somewhere, while pretty much someone else is living in your house paying off your mortgage? Obviously is isn't that simple, but is that the basic overview?