Mike Terry
Help Evaluating a small multifamily
18 January 2025 | 12 replies
- Usually a 5 unit with a boiler means that all the units share the boiler heating system.Which specific utilities in which units are paid by tenants vs shared?
Ben Fernandez
Relocation Sale to Renovation in York, PA
5 February 2025 | 0 replies
Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.
Joshua Nichols
Funding Flipping for the First Time
10 February 2025 | 7 replies
For the first 4 loans or so, lenders are going to be less aggressive (requiring more down) than if you have several under your belt.
David Robert
Single family home with severe cigarette damage, great price
17 February 2025 | 6 replies
@David RobertSevere nicotine damage can require extensive cleaning, sealing, and even replacing drywall or HVAC ductwork.
Deryck C.
Ongoing plumbing repairs
6 February 2025 | 5 replies
I suspect it's an old line that failed and required replacement.
Clifford Pereira
Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
2) The minimum hours required are 750 hrs, but if running a short term rental, 100 hrs is supposed to be adequate, is that still true ?
Tyler Garza
Shoot Down My Beginner Strategy
10 February 2025 | 62 replies
Live in one side for a year to meet your residence requirement for the loan.3.
Alexander Roussakov
Financing for non-us citizens / overseas investors
31 January 2025 | 6 replies
Hey Alex, There are foreign national DSCR loan programs available for your scenario: Below are the list of requirements I have found most lenders have : 1.
Kaye Lee
Obtain an Inspector's license?
3 February 2025 | 0 replies
I am based in Virginia and licensing requirements here seem manageable.
David Rutledge
HELOC for investment property
7 February 2025 | 13 replies
A&D has a 2nd position DSCR but not revolving - installment only.AO has a HELOC but self-employment documented for 2 years is required.