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26 February 2025 | 4 replies
When researching comps for ARV consideration I was looking at townhomes that sold individually, but shared a wall with a neighboring townhome, all under the same roof.
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20 February 2025 | 7 replies
Please advise if you have a good agent to refer who specializes in multifamily.more precisely in these areas:NashvilleKnoxvilleIndianapolisCharlotteRaleighColumbusCincinnatiHi Joseph, I'd definitely recommend looking at Columbus Ohio for large multifamily and apartments!
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22 February 2025 | 0 replies
This is opposed to saving the $50k-60k to cover major repairs and the extra $30k to cover unexpected emergencies (job loss, health problems, etc.)For context, we have another rental that we bought in September of 2021 with a conventional 30 year at 3.125% and purchase price of $410k.
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20 February 2025 | 1 reply
I'm struggling to find accurate info on pricing at different seasons of the year.
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22 February 2025 | 10 replies
While you are at it, put the next person on MTM to create some equity in the contract when you have problem in the future.
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22 February 2025 | 5 replies
Spoke with multiple credit unions and they mentioned a rental property needs to show at least two years of rental income in order for that income to be counted into the DTI ratio.
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22 February 2025 | 10 replies
Would love to connect at some point.
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16 February 2025 | 5 replies
At least ensure you are getting proper tax advice.C corp and s corp are both US federal tax concepts, not business entities.
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17 February 2025 | 19 replies
Quote from @Clayton Silva: 2nd position HELOCS on investment properties are typically capped at 70% LTV and have rates ranging from 9-11% just a heads up unless you use a local credit union where you have cash on deposit with them.
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22 February 2025 | 7 replies
Since it will evaluate photos, bonus points if it could look at the MLS and recommend the best finishes and paint colors to maximize the ARV.