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20 August 2016 | 3 replies
What do you mainly deal with mulit's, single family's, or are you into commercial deals?
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21 August 2016 | 7 replies
We really like the MFH products and have closed on holds and ground up and rehab for them as well as SFR's.
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20 August 2016 | 2 replies
I wasn't sure if banks would be more willing to loan if I had two paid off in the single LLC.
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6 September 2016 | 24 replies
I am a single family home investor primarily in las vegas.
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20 August 2016 | 4 replies
But this I do know: every single AVM I have tried from Zillow and other is way off on my own personal residence by a big margin.
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21 August 2016 | 6 replies
I didn't actually know someone came up with a name for it until after I'd closed my first wholetail deal because I couldn't find a single person in the entire company that had actually done it.
24 August 2016 | 2 replies
there was a lot of failures in this model with some of the poorer providers who are no longer in business. this led most TK operators to only offer product post rehab and many with tenant in place.. of course the holding costs of doing this must be backed into the end price.So if you can find a VERY good and reputable company that can do pre hab type deals you should be able to get a better buy as it relates to basis in the property.
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22 August 2016 | 3 replies
I just did a single family residence deal there earlier this year but it was a 1 unit so loan limits are 554,300 as opposed to yours which is $709,600 so it looks like your loan amount is below that which may help you get financing if you're considering a refinance.FHA allows a cash out to 85% of current market value so if you believe you're at 603,000 loan amount then you'd need a min appraisal of 709k or so to refinance this home into a conventional loan if you're trying to remove mortgage insurance.There are lines of credit to 89.90% or 90% of your homes value if you're interested in having access to your equity (if the property appraises high enough).To address your questions:1) If it appraises high enough yes you can remove monthly MI and you can use a line of credit 2nd to access your equity (this would be your best bet).
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20 August 2016 | 2 replies
Would it be better to purchase multi family property or (1 - 4 units) .... single family property or does it matter ?
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22 August 2016 | 9 replies
Once renovated they are more attractive as buy and hold investments, but they also can be partitioned into two single family homes, which have higher comparable sales in these locations.