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23 February 2025 | 3 replies
@Zach LemasterBest,Melissa, Rent to Retirement Investment Strategist
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23 February 2025 | 2 replies
I'm new to real estate investing I didn't even get started yet, I'm just looking for a way to get my foot in the door because I know if I don't I never will
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22 February 2025 | 14 replies
For your sake I would make sure, if you aren't NNN right now, that you at least have RE taxes protection in your lease.
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13 February 2025 | 5 replies
Here's the deal:Purchase Price (PP): $95kRenovation Budget (via HML): $60kTotal All-In Cost: $155kARV (After Repair Value): Around $200kRefinance (via DSCR Loan): 7% interest, 30-year fixedRefinance Details:After the refi, I will pay back the Hard Money Loan (HML) at 11.95% with 3 points:HML: $60,000Interest/fees: $3,585Other costs: $1,800Total to pay back HML: $65,385After the refi, I will have $84,615 left in cash.Cash Flow & Expenses:Expected Rent Income: $1,700/monthProperty Management (PM): $126/monthInsurance: $100/monthTaxes: $126/monthMortgage: $1,043.75/monthTotal Expenses: $1,395.75/monthSo my monthly cash flow is about:$1,700 - $1,395.75 = $304.25/month in cash flow.Return on Investment:Cash Invested After Refi: About $18,385 (after paying off HML and closing costs).Annual Cash Flow: $304.25 * 12 = $3,651Cash-on-Cash Return (CoC): $3,651 / $18,385 = 19.8%I didn’t account for maintenance costs since it’s a full gut rehab, and everything is brand new.
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18 February 2025 | 8 replies
Would anyone care to recommend a bank, credit union, etc that will do a HELOC on an investment property?
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11 February 2025 | 2 replies
Hi Ashlynn, what is your investment criteria?
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12 February 2025 | 3 replies
Does anyone know of a lender that will give a HELOC on an investment property.
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23 February 2025 | 3 replies
What kind of investment strategies have you been considering?
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26 February 2025 | 6 replies
Quote from @Jinglei Shen: Seller is a real estate agent, based in Ohio, he owns an LLC to flip house and invest in RE, this property is owned by this LLC.
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12 February 2025 | 6 replies
Saw you were looking for a RE attorney.