Kristin Vegas
cash out refi on less that 100k properties or blanket mortgage
21 May 2024 | 3 replies
the second property is worth around $68k bought that property on November of last year with a loan. those properties are occupied by tenants. do you guys know if I can cash out refi each property with that amount or can use both properties at the same time with a blanket mortgage?
Andrew Gavre
Has Anyone Tried This Strategy?
21 May 2024 | 8 replies
Homeowner decides they don’t want to sell after the repair/improvement work is done2.
Babi Shimon
Brrrr VS subto
22 May 2024 | 8 replies
Subto’s are getting called by the banks much more often these days because the banks will make much more money on a higher interest loan.
Zeliang Zheng
which market still cashflow given high interest rate?
20 May 2024 | 24 replies
These markets often have lower competition and can offer higher cash flow potential.Midwest and Southern Markets: States like Ohio, Indiana, Tennessee, and Alabama often have lower property prices and can provide better cash flow opportunities, even with higher interest rates.Value-Add Properties: Focus on properties that need significant renovations or improvements.
Mimi Perez
Starting out: Do I Sell?
20 May 2024 | 7 replies
FHA and VA loans are typically eligible for assumption.
Saverio Nestico
Self Storage Management Company
20 May 2024 | 3 replies
I made some nice curb appeal improvements, added parking spot rentals, added the U-haul dealer, improved internet presence, advertised in local papers and are affiliated with MySpareFoot.
David Chwaszczewski
Setting up a eQRP vs. SDIRA
21 May 2024 | 138 replies
The Solo 401k also allows for participant loans.
Shay Nabors
Buying Long Term Rentals Off-Market
19 May 2024 | 1 reply
Investment Info:Small multi-family (2-4 units) private money loan investment.
Jan Iglesias
Looking for information
21 May 2024 | 8 replies
Most hard money works like this Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Mohit Arora
Tenant wants to break the lease before lease start date
21 May 2024 | 12 replies
@Mohit Arora recommend you spend more time studying TX landlord-tenant statutes.Your lease is probably pretty basic as it didn't really cover this issue - and it probably doesn't really cover a whole lot more.Google & download as many TX leases you can find to copy & paste to improve yours.