I am screening for potential tenants and so far, I have found one potential tenant that is the most qualified. However, she has low income ($56k), but an excellent credit score (750+) and a lot of assets ($1MM+). The ...
Hey, can someone please tell me what to analyze in buying a duplex/triplex/four-plex house? What are the risks? How to find tenants? How to calculate the profits? Thanks!
I often get Condotels submitted for funding. These deals can get funded however not all lenders have an appetite for them. Below are some of the reasons it is a struggle.Condotels, or condominium hotels, present uniqu...
In the past few weeks, we've (our company) made offers to several SFRs and the inspection reports typically highlight "significant findings" that make us question whether to proceed with those deals or not. Some of th...
I understand that being from California, one is obligated to pay the California Franchise Tax Board for every LLC owned whether it's in state or out. If one owns multiple multi-family buildings out of state with each ...
I have identified a great short term rental house in Helotes, TX. This would be my first short term rental property, however I do own three long term rental properties.
I could probably finance this deal on my own, ...
I have a few rentals and I'm not sure what the best course of action is? Should I borrow against them or focus on paying them off? I was just reading that it's best to fully borrow because leaving equity is an openin...
I was wondering about partnership and how the process goes. I would like advice on partnering with investors on deals. I have an interest in multifamily units I have attended a training and enjoyed what was discussed...
Recently I have been reviewing pricing of assets and I see many sellers pricing a CFD the same as a traditional mortgage and note. Am I crazy as I would never pay the same for a performing CFD as a performing note. As...
Given the current capital markets and high interest rates, I wanted to share a quick breakdown of what owners should consider when doing loan assumptions as a strategy to get lower cost debt.
While loan assumptions ...