Ian Stuart
Freddie Mac SBL & Fannie Mae Small Loan Financing - Multifamily Apartments
4 October 2024 | 10 replies
As compared with local lenders credit unions the reporting requirements are vastly more for agency loans.JohnHi John - To your point, borrowers are required to provide updated quarterly rent rolls and financial statements on an ongoing basis.
Nida Kazmi
Mid South Turnkey Homes. Should I invest with this Memphis turnkey?
2 October 2024 | 31 replies
We purchased a property with them with a light 45-day rehab and after 40 days all communication ceased.
Andrew Syrios
Jackson County (Kansas City) 2023 Property Tax Increases Deemed Illegal
3 October 2024 | 8 replies
But the insane tax increases in Jackson County, Missouri (Kansas City) were deemed illegal:"Missouri’s State Tax Commission ordered Jackson County to roll back its 2023 property tax assessments, which raised homeowners property assessments by an average of 30% and more than 100% in some cases.
Wayne Chou
My 1st Multifamily - Thoughts and guidance to help gut-check my buy matrix
4 October 2024 | 4 replies
With all of the underlying assumptions being equal, the current rent roll provided the following matrix.
Justin Melton
Corporate Guests STR
4 October 2024 | 8 replies
We have 3 bed /2 bath condo that is modern with nice appliances.Besides putting it on Airbnb and letting bookings roll in, how can I reach out to promote this property?
Stuart Udis
Don't let the cheerleaders drown out sound advice
4 October 2024 | 16 replies
When the partner’s draw payments ceased this CPA became involved selling Sponsorships” in a very dubious MLM scheme; he was trading in all the goodwill and reputation he had garnered in 25 years of practice to make a quick hit because of his financial position. 3.
William Silva
First Time Investment Property Buyer
7 October 2024 | 16 replies
Then you take those funds and roll them into the next deal all the while continuing to grow your investment.
Brian Scott
Determining cash flow while house hacking ?
4 October 2024 | 8 replies
I plan to to rent it for 3500 when the time comes (first floor with basement)We are currently looking for our next multi family but just need to figure out the best route forward for financing the purchase.Use our own money, tap into the equity here, refinance here out of our FHA to roll into another one at our new property, go the Fanny Mae route with the 5% down Multi Family home loan program.
Brock Cvijanovich
162 Chapin. Multifamily investment
2 October 2024 | 0 replies
Tenants were bought out due to COVID eviction moratorium, asset then received cosmetic renovations and was leased up to a rent roll of over $16,000 before being sold for $1,350,000.
Drew Goodrow
New to the Fam
1 October 2024 | 8 replies
I live in Northern California and my goal is to flip houses out of California and roll that income into rentals for equity growth.