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23 June 2024 | 2 replies
hello every one 😎 am new for this but i listen real-estate rookie so i need some help here so i bought a single family house in 2019 in Massachusetts and now i want to buy a 4 family so around Boston to buy a four family house is between 900.000-1.1m and i wanted to do a house hacking so i got 2 options to do take a HELOC for a 3.5 down payments and show for the Leander i have at lest 3 month reserve or pay 20% down at this point i don't know what to do
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23 June 2024 | 6 replies
Better lead types, and you get 10k a month.
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23 June 2024 | 3 replies
I want to buy the property on terms and demo, build a new house.I want to structure an owner finance deal with him where I either pay him interest only on the lot or no payments for 18 months (or until the new house completes and sells whichever is earlier).
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24 June 2024 | 7 replies
If your property rents for $3500/month, you just lost over $1100 while your PM did nothing to move process along.Hope this helps.
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23 June 2024 | 7 replies
We screen first, telling tenants that we don't accept smokers, we want a 670 credit score or more, that we want them to bring verifiable gross monthly income at least 3x the monthly rental to any showing we set up, etc.
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24 June 2024 | 20 replies
Plus these insurance rate averaged $6,000 /year, so $500 / month...
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23 June 2024 | 1 reply
She probably has about another 20 years before retirement. 1) Leave it as a 4 + 2, rent to one tenant, monthly rent about $3800.
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23 June 2024 | 8 replies
Hi William..hope things worked out, we're working several small balance plexes for investors..terms are actually quite workable as rates have declined during the past two months.
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19 June 2024 | 10 replies
:)Does anyone install solar panels onto their rental properties?
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22 June 2024 | 12 replies
Most work this way 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.