Alexander Phillips
1st time buyer, cold feet after mess + closing cost increase of 3%, can I back out?
Hi all,I was supposed to close today on a $270k new build duplex out-of-state, but it's been delayed to Tuesday. Can I get any general advice on what my options are? Can I back out? What are my costs if I back out?...
Robert M.
Is 50% Rule (Guideline) still relevant in your market
Hi Everyone....Tax season is great to reflect and really dig into your numbers! I have found that my expenses are creeping up year on year and revenues remain relatively flat. Atlanta MarketProperty taxes have doubl...
Jennifer Fernéz
Details about Commercial Loans
Hi there,
I was recently looking at an FHA owner occupied mortgage for 1-4 units. My lender said that we could count 75% of the rental income towards income towards my debt to income ratio.
However, I recently cam...
Vlad Bird
Avoiding Canadian RE Crash - Small town student rentals?
Hello all,
I am a real estate investor who has
been investing primarily in GTA multi-family over the last decade.
Recently, with inflation skyrocketing and mortgage rates bringing
correction to the over-valued ...
Howard Handler
Increase Rent by How Much?
I have a suburban Chicago townhouse that has been rented by the same family (good tenants) for nearly two years at $1625/month (I did not increase their rent the second year). The tenant prior was paying in the $1500s...
Will G.
What happens to cap rates as interest rates rise?
Hey pocketeers,We are at historic low cap rates, do they go up as interest rates rise?
Nathan Hillier
Leverage or no leverage?
Hi guys, just wanted to have a discussion about leverage. With my business just starting up no more than 5 months ago, and acquiring three properties; two flips, one duplex - located in 3 different states, I am lookin...
Travis Turnbull
HOA Fees and Capital Expenditures
Hi everyone I am a newbie and have a question about analyzing deals. A condo in my hometown has come up that I am interested in. I was wondering since it is a condo with HOA fees,if I need to still account for capital...
Jason Topolski
Experienced rehabbers and private money lender coaching/mentoring
As a beginner private lender I would like to minimize the risk of borrower defaulting on their investment by learning from an experienced rehabber who's skilled at evaluating numbers for property purchase, rehab an...
Andrey Y.
Okay to ping two different lenders?
Wanted to know what your opinion was on contacting more than one lender, to get approved for a loan for an investment property. I think it may be wise in case one of them gives the better interest rate or terms. Any e...