When I spoke to a lender about purchasing a 4plex, they told me that was considered a residential loan, but any more units would make it a commercial loan.
We are looking at a 6-unit property. Would that be a commerc...
Quick question if a property purchase at a tax sale and I did preservation improvement on it paid taxes 2 yrs and had possession can I get certificate transfer over from family member name too mines without redemption...
Hello all,
What are your thoughts on this:
Our primary residence is currently worth approx $250k.
We currently owe $170k.
We are looking to explore the option of using a home equity line of credit to fund our ...
As a buyer, I have on offer pending on a pre approved short sale home in Nevada City California. The previous buyer just walked and we are using the approval letter the Bank gave them. Approval was for $228k. I have o...
I’m looking at a few potential multifamily deals sent to me by wholesalers. I know they want to move quickly and cash, HML, or private money are usually the main or only accepted forms of financing. However, are there...
Have you been trying to buy properties lately but you keep getting beat out by other investors?
Are the deals “flying off the shelf” in your market?
By the time you get your contractor to the house, run your numbers...
Here's the path I use to determine occupancy and rental rates for an STR (Short Term Rental) in any given market.
1. Log Into Airbnb & Vrbo Applications
2. Search the areas you're interested in buying in.
3. ...
To any investors in Maryland that underwrite your own deals: how are you modeling property tax in your pro forma? Given that assessments are every three years, it needs to be able to account for where you are within ...
What's the deal to refinance within 6 months referring to? Is that if you want to do cash out on investment property and you fall in that 5-10 mortgage range? Currently have 6 mortgages and it looks to me like a line ...
I am looking into purchasing a few NPN seconds with the intention of attempting to get them re-performing or offer a reduced payoff to settle. I will be looking for houses with the first lien current. I understan...