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Hi all.
My real estate agent buddy, whom I've known for a long time, wants me to loan him $7500 for a max of 45 days to pay off his contractors while his investment property flip closes. I don't have any reason to d...
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Is a business purpose loan which is secured by borrowers primary residence similar to a business purpose loan secured by a investment property?
Are there any special criteria which the lender has to meet for...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $581,000
Cash invested: $181,000
Purchased a 3 bed / 2 bath SFH in Scottsdale for use as a med / short term furni...
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I am considering investing in several new fourplexes in New Haven, IN. I am targeting $2200 rent. Will this work in New Haven? I have been told that Northwest of Fort Wayne, e.g. Huntertown that $2200 rent would wo...
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So I sit at my computer after spending 8 hours giving my house a thorough scrub down. You name it I did it, scrubbed the walls, vacuumed, dusted every single little crevice. Found a spot for anything out of place. ...
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Hey everyone, first post here.I was wondering about my options on a loan for a 4 plex and using FHA loan Financing. My question is do you really have to live in one of the units for a whole year in order to qualify fo...
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I have a lead on two duplexes in a rural area, $60K total for both duplexes. Rent in the area for 2/1 units is between $600-800/mo. I am assuming $30K in repairs total. All in will be $90K, with conservative rental ...
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Hey everyone! I’m curious to hear from you guys about whether I should wait to invest in real estate until I get better financials or if it’s not a bad idea to start now. Background:I’m a 25 old college student, gradu...
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I came across this really interesting study on worldwide housing affordability."The 13th Annual Demographia International Housing Affordability Survey covers 406 metropolitan housing markets (metropolitan areas) in ni...
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Hey Guys. I need to change my house hacking strategy in the Bronx. Originally I was hoping buy a 2-4 multifamily property and rent out the other units. I would not be able to afford an FHA loan on such property in the...