Joey Navarro
House Hacking in Columbus, Ohio
14 August 2024 | 11 replies
I work remote so really can live anywhere.
Ilya P.
Advice on gameplan for high unit building acquisition
15 August 2024 | 4 replies
Hello Ilya,Where are you looking at purchasing your 1st property.When converting a property from a single family to a multi family, you will need to check on the zoning requirements, depending on your location, not every location has zoning.As far as lending goes, it is far easier to finance a single family up to a quadplex, than financing 5 plus units, the DSCR Market for 5+ units is extremely low right now, and there are few if any lenders in that space.For financing 1-4 units, there are Millions of dollars chasing those loans, so you can easily obtain long term financing, at rates between 5-7%.Please reach out if you have a property identified, and I can help you with financing options.
Sean Hudgins
Sandbridge Virginia Beach STR Questions
14 August 2024 | 5 replies
There are a couple of larger management companies out there that have a majority of the market share, and they are usually the ones listing the properties, so who knows how accurate those projections really are?
Sam P.
Landlord insurance Policy for LLC
16 August 2024 | 9 replies
It's so strange to me that something titled Landlord insurance wouldn't be commercial from the get go.
Zehua Zhou
How to handle the tax forms from the property manager and the bank?
16 August 2024 | 23 replies
So can the tenant continue to sue the beneficiary which would be me?
Cortney Jones
7 units available in Tucson - 7.53% Cap
15 August 2024 | 4 replies
3 seperate buildings, parceled as 3 seperate addresses so investor can get single family financing on this, is that correct?
Stephanie Spiker
AD Family looking to purchasing family land
14 August 2024 | 1 reply
Ag Land leasing is only worth $10-50/acre per year, so 6 acres would only generate $300 max per year.
Bob Asad
What Are the Pros & Cons of Cash Refinance?
14 August 2024 | 1 reply
If I'm understanding correctly, for a cash refinance...If you buy an investment property, fix/repair it, and get a higher appraisal, you can then take the $ difference and put a down payment on another investment, etc.If so, are there tax implications with a cash refinance?
Lynne Hart
BRRRRSR - Multifamily Buy Renovate Rent Refinance Repeat, Sell Repeat.........2025
14 August 2024 | 0 replies
We're happy to sit on them or sell out, pull out our equity and move on and up.Technically they are two 4plexes, so they *could* be purchased with 2 conventional loans - however the appraisal would have to be based on the income method.