Zachary Stoll
Does this Deal Make Sense? 4-plex in Albuquerque
14 March 2018 | 9 replies
Consider rent for other units in comparable condition a little further from your property particularly if next door is in much poorer condition.
Tom Lipps
Convert 2 BR to 3 BR - Payback Period -
20 February 2018 | 8 replies
I'm also going to try to find them a comparable place to live...
Slaiman Atayee
Richmond Rent Prices (North Highland)
2 March 2018 | 4 replies
There's a very small sample size for comparable apartments on zillow/craigslist/realtor.com and I was wondering if anyone has any strategies they've used to calculate accurate/conservative rent prices for specific neighborhoods?
Peter Halliday
Current and aspiring Multi-Family in NW burbs
15 March 2018 | 4 replies
Love to compare notes.
Shiloh Lundahl
Building a Personal Relationship with Tenants - Good or Bad?
20 February 2018 | 55 replies
He set up a time for me to go take a look at the houses and when we got there his tenants were happy to see him and gave him a hug and talked with him about how things were going as they showed the house.I compare that experience to a different experience I had where we purchased a property that had 2 homes on it where the tenants had no relationship with the owner.
Nancy Zhao
Why do some foreclosures have >200% LTV?
27 February 2018 | 7 replies
Traditional HARP loans were for GSE loans originated prior to May, 2009 and Fannie/Freddie loans were subject to conforming limits so, it wasn't a HARP loan if there was a refi in 2017 and for that amount although, if the loan balance was ten times lower?
Miles Presha
Need Creative Financing Solution Strategies
22 February 2018 | 12 replies
The house isn't going anywhere, so handle the IRS and get them out of your life, then move forward with a traditional loan.
Christine H.
First MF purchase has negative cash flow
20 February 2018 | 19 replies
If I compare the rental income to the PITI payment it's actually just positive, but with other expenses (water/sewer/trash and capex, calculated by using 8% of rents), it turns into ~$500 month coming out of my pocket.
Lyle Cooper
Kitchen Renovation Budget for Rental
24 February 2018 | 6 replies
I have a stone guy if you want to price compare.
Curtis Wortham
BRRR in Philadelphia
20 February 2018 | 5 replies
One of the best ways to get started is by using a 203K or rehab loan... this will allow you to get in the property with 3.5% down and you can even finance the rehab.Interest rates are a bit higher than traditional FHA loans but the 3rd "R" stands for REFINANCE so you'll only be holding that loan for a short time.I'd speak to a local lender, broker, and investor for more info.Aside from attending local meet-ups, don't hesitate to reach out to people personally via private message or on forum posts...