Tyre Foote
Buying land for potential rental use
Things I need to know when it comes to buying land ? How different is it from buying a home or a building? Closing cost, Taxes, interest rates, is it worth it .. etc etc any helpful tips would be really appreciated pl...
Matt Boerlage
Texas Operating/Management Agreement for single member LLC
Dear all, I would like to create a Single Member LLC to hold a long term rental property in Texas (I am living is Texas). Texas has no requirement for an operating agreement, but I would like to have one as I hear the...
Shelby Lunardi
Advice on 1st investment property loan
This is my first time posting. I'm hoping to get some good feedback and advice. My wife and I are looking at a one parcel property in CA. There are two houses in the lot and both are currently rented to long term tena...
Kristi Miller
Input on 20-plex Multifamily
Looking for input on financing structures for a 20-plex. All units are rented and I have P&L and detailed expense list, rent roll, etc.I'm experienced in 1-4 unit residential, but this would be my first larger mu...
Bryce Bowers
Lending on apartment buildings
What are the numbers banks run through to determine if a deal is good to lend on? I’m looking to buy apartment buildings.
Colleen A Levitt
DSCR out of a DSCR?
About 6 months ago we purchased a duplex using a DSCR loan. The original intention was to do a light cosmetic rehab and rent it out. We put 20% down at 8.25% on a property with a $136k purchase price. Loan is just ove...
Tristan Thomas
In need of advice on my offer!
Hey guys,I'm a new investor and am trying to hash out my first deal. I came across a mobile home that sits on its own 9,000 sq/ft private land. Its a 1987 2 bed 1 bath 14x60. The owner has no idea what she wants for i...
Donald DiBuono
How high should I insure a property for?
Purchased my first 2 Family home. One insurance agent advised me to insure up to the purchase price (216k). The other agent advised I insure up to 500k as the asset is already depreciated and, worse case scenario, you...
Joe S.
Being bombarded with people that sell old mobile homes.
Being bombarded with people that want to sell old mobile homes. I spent a lot of time a number of years ago trying to put together some mobile home purchases that fell through. Since that time I have steered clear of ...
Lore Postman
DSCR lender for North Carolina property
I'm searching for a DSCR or similar lender for a North Carolina BRRRR. Will be ready by end of this year. If you're a lender or have recent experience with one, would you mind providing the following information to he...