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I'm going to be purchasing my first rental properties in the next couple months with hard money loans. I would like to pull equity out soon after to pay back the loans and lower my monthly debt payments. I know that 2...
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We are looking to purchase our 1st investment property. As I'm learning more, I want it to be a 2-4 unit multifamily home that we would "house hack." We don't have enough savings for a down payment in Chicago (city pr...
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Please take a look at the attached file and let me know if my analysis is correct .This is a 6 unit property that I am looking to purchase. I will be speaking with a lender soon and want to make sure my ducks are in a...
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For the past few years I've been educating myself with my options as a potential investor. Today my goal is to start as a BRRRR investor and master this one niche before trying other options.I would like to hear from ...
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Do you use before-tax or after-tax to evaluate a deal? I could see making a case for both. What do the majority of investors use and what to banks look for?
Thanks for your input.
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Just found this deal which I think is great called the listing agent and got some info from her. This property is in the Grosse Pointe area . I might get a PML/HML for the acquisition cost because im in the process o...
Portsmouth is too expensive for me, especially when looking at 4+ unit properties.
What are some decent areas that are close by where capital can be stretched further.
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My realtor called into question my calculation when I stated that the CAP rate is low on a specific property she was showing. I had included rehab & closing costs. I have heard in podcasts about targeting 10% CAP ...
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I just want to make sure Im putting the correct numbers in the right place. I think this mortgage information is just coming from the purchase price. I plan on using 203k loan. I'm not sure if the estimated repairs is...
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Seeking some guidance. I found a deal and am seeking funding. Single family property in Southern Maine market. Acquisition costs $170k, repair costs $75k, ARV of $400k. I have successfully completed two flips previous...