I need your help on thinking through strategies to acquire a property via seller financing that still has a conventional mortgage on it. I've heard of wrap-around loans and situations where you take over someone's pay...
I am not asking one question here, but a series of them.
Last year I bought a unit in a four-plex. It is single dwelling with four 2/1 units. They do have a condo association.
I paid cash.
What I didn't know at t...
I paid a roofer who was recommended to me half ($3,500) up front to replace a roof on a property im brrrring. Next day, he cashed the check and never did the job. Ive gone down every road trying to get the money back ...
So I just came across an article about American debt and why some economists aren't concerned that consumer debt (excluding mortgages) is about to hit $4 trillion. The economists who isn't worried about the debt says,...
Hey all! Excited to be here.
So, it seems my concern about the BRRRR method is shared.
-When it comes to this strategy, what sort of requirements must one meet for the bank to consider refinancing the property? Wil...
Hey all—I’m a residential investor making the move to commercial after having a good experience with a mixed use property. I’m looking at a 3 unit industrial building with 2 tenants up for renewal within 2 years. As s...
Hello! I'm Chantel. I live in Bozeman, MT. I am planning to relocate to Seattle area in 2019, but I would like to get a house or two under by belt before the move. I've pondered flipping for years. It's always been in...
What has been people's experience when trying to complete a refinance, does the bank include the income from the investment property towards your income? Is there any seasoning period before they will?
Hey everyone,My offer on a four plex was accepted yesterday, so I am super excited about the deal.I spoke to my mortgage broker and let her know that I wanted to do the mortgage in my soon to be created llc. She tells...
I'm vetting a 12 unit storage facility in PA, which has two additional parking spots for rental. Asking price is $329,000. It has a new roof and significantly renovated exterior walls and new garage doors. No security...