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8 August 2024 | 27 replies
Cross-reference information from multiple reputable sources to ensure accuracy.2.
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14 August 2024 | 12 replies
I use it for my personal portfolio as well.
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13 August 2024 | 14 replies
I own a single family rental that does very well and I live in my other SFH in the same town.
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12 August 2024 | 6 replies
That will give you a good idea of how well you could do in that area.
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8 August 2024 | 19 replies
It's not the first time I've file court papers myself.Because when for forget to cross a T, you're going to get sent to the back of the line.
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13 August 2024 | 2 replies
Well, my investment group had 13 projects going at one time in Pittsburgh and I had about 4 - 6 different GCs involved.
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12 August 2024 | 25 replies
@Brian Pulaski mentions it well; nevertheless we find $499 very expensive.
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16 August 2024 | 17 replies
Additionally, national lenders like Chase and Wells Fargo have strong multi-family loan programs that cater to out-of-state investors.Scaling OwnershipGiven your available cash and equity, here are a few strategies to consider:Leverage Existing Equity: Utilize the equity in your current properties through a cash-out refinance or HELOC to increase your purchasing power.Partnering with Other Investors: Consider syndications or joint ventures, which can help you scale more quickly without using all your own capital.Diversify Markets: While the Midwest is great, keep an eye on emerging markets across the country that may offer similar benefits.Focus on Value-Add Opportunities: Look for properties where you can increase value through renovations or improved management.I specialize in selling new construction duplexes in downtown Indianapolis, and I’ve found that multi-family properties here provide strong returns.
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13 August 2024 | 8 replies
The underwriting is based primarily off of the property, not you as the borrower so the main factors evaluated are property value, DSCR ratio (cash flow), LTV, and FICO.Also, I am from Boston and know the area well.