What are some of the better strategies to use when trying to pick up buy & hold properties? What do most of you recommend, using wholesalers or purchasing turn key properties?
Good morning,My wife and I live in a 4-plex that we bought about 1 year ago. Our plan is to continue to purchase 4-plexes in the future. We bought the first one with an owner occupied FHA loan just in her name, and pl...
So I'm caught in a bad spot..After 2 years of owning our 2 bedroom, 1 bath SFR home, I finally decided to refinance so I can greatly reduce my rate. Previously, my rate was 4.375% and new lender is offering 2.875%. Im...
Curious to see what ways you guys do the math (and the pros/cons to spinning it either way) while doing lots of up front renovation on purchase of a home to prep it for tenants. Doing very very basic numbers: Lets s...
Hi all,I currently have 3 four family buildings, and have been saving and working through some financing options to scale to a larger 18+ multifamily. I would like to do so without selling the current 3 buildings.Ther...
As a newbie I purchased a foreclosed home with cash at $22,000. The previous loan on the home was for $88,000. Comps for similar homes that are in good shape would be around $100,000. I have estimated that the cost to...
I searched but didn't find much on this topic. As some background, I have been speaking with a commercial lender for 6 weeks (which is ridiculous) and waiting for feedback from underwriting on my global cash flow so I...
Hi all! My name is Nathan, and I’m relatively new to the real estate game. I made my first property purchase in October of 2019, which looking back was probably one of the worse times to start. I currently have an ...
What size multifamily building does a $1MM purchase price get in your market for a true C/B Class area? Here in Palm Beach County, Florida the most you can get is a 5-8 unit building for that price point. Somewhere in...
I've been noticing a lot of inventory for beachfront condos in Myrtle Beach and North Myrtle Beach. It also seems like a lot of the condos sit on the market for 3 months or more. Just curious if anyone is doing STR's ...