Hello, I'm trying to figure out how lenders compare rental income to the mortgage debt on a property when determining a loan applicant's DTI ratio. How are investors able to buy a property, place a tenant, and then qu...
I'm just getting started in rei. I'm looking at a single-family home in Lanoka Harbor, NJ.
It's 4 bedrooms 1600K+ SF.
Does anyone know what arv I can expect?
What rents can I get in that area?
Is there a manageme...
I have a property manager. The property manager will handle repairs automatically that cost less than $250. He nets these repairs out of the rent I receive. he provides a statement that shows the rent received, the...
Hello everyone,Ive been doing a great amount of deal analysis recently. I haven’t actually bought my first investment, but im determined to find my first deal within the next month! The thing that im unsure about when...
Hey guys! I recently stumbled across quite the property in my area. It is a multi family apartment complex in small town New York. I desperately want to get involved on the property but have nothing near the funding n...
I currently own a property in Wetumpka, AL. Should I re-finance and keep, or sale, to get a better property.Original mortgage $142k @ 4.75%Current value $145k-$155k------CURRENT------Current mortgage $129k : $930 / mo...
Hi my name is Ramal and I'm from DC. I'm looking to learn as much as possible about wholesale real estate deals in DC and Maryland and this is my first post on this GREAT site. How can a wholesaler make money when the...
How did you land your first deal?
Anybody in the Nashville area know good numbers for a new build or flip? I’m a new wholesaler looking to get started, I’ve been close to getting a few deals under contract but I’m wondering if my offers are too low fo...
Hi,I am working on a deal with a to rescue a homeowner from foreclosure. This homeowner dont have good credit and would make a lousy tenant. There is equity in the home and I offer to to pay off the bank note and use ...