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5 August 2024 | 1 reply
Looking to finance a 2-4 multifamily property to purchase near West Palm Beach, FL (or within a 30-45 min drive).Been looking on MLS, Crexi, Loopnet, etc. but either the properties aren't good (too expensive) or the people don't respond.
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4 August 2024 | 30 replies
The after auction bid process may have given you time to do a good property inspection ... or maybe you live in the property now.Sorry you're in this situation!
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5 August 2024 | 2 replies
Schools in the area are all right, not the best but good enough.Is the rental market strong in this area?
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5 August 2024 | 5 replies
Otherwise you would take title to the new property as two LLCs with one of you as the single member of each.You've got a very good scenario to get some of the proceeds tax free and defer the tax on the rest.
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5 August 2024 | 8 replies
Rates on a DSCR are in the high 6s if you have a good credit score and experience.
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5 August 2024 | 3 replies
what will be a good place to find such a partner?
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5 August 2024 | 21 replies
Good luck!
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8 August 2024 | 32 replies
Then whenever a good opportunity arises, you can simply write a check out of your credit line and purchase in cash.
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4 August 2024 | 28 replies
I use travelers for almost all my STR policies. pretty solid insurance and good price
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4 August 2024 | 8 replies
I'm honestly surprised, right now our only debt payment is a 857 mortgage, no car payment no student loans no credit card debt, and good credit 740's. she doesn't make just a lot (41k a year) but with the 857 mortage payment, her debt to income shouldn't be much over 25%.