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21 November 2024 | 1 reply
If you have a relationship with the seller, if the property is fairly priced, if the seller is motivated, and you identify it as a deal, then you can send an LOI after the first call.
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29 November 2024 | 3 replies
Hey Kiraat, how much is your tenant in the rears for?
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20 November 2024 | 15 replies
Local investors and agents will also have helpful recommendations—they are two of the best sources for finding a reputable local inspector.
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14 November 2024 | 1 reply
It only applies to residents living in Jerome Village so for investors, it would only apply to rental income from Jerome Village properties, not your entire portfolio or out-of-state income.
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21 November 2024 | 1 reply
Purchase price: $925,000 Cash invested: $200,000 13 Unit Multifamily property in the Waveland neighborhood of Des Moines, Iowa.
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16 November 2024 | 3 replies
I've heard different stories.Is FHA truly out of the question now?
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11 December 2024 | 0 replies
Purchase price: $65,335 Cash invested: $32,301 Sale price: $197,500 Was my second BRRR investment but ended up selling the property to move into a larger one.
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17 November 2024 | 8 replies
These days, I'm only doing 1-yr prepay DSCR loans anyway because I expect rates to go down to where I'd want to refinance within 2 years.The other thing I did was beef up the monthly rent so that I could better qualify for the DSCR loan (but you need to use a lender that uses actual rents instead of market rents).
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10 November 2024 | 2 replies
Wholesalers have no intention of purchasing the property.