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Hi all,
What is the accepted approach with respect to underwriting to forecast a refinance on a multi family property. What interest rate should be assumed and on what basis.
Thanks!
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $529,000
Cash invested: $80,000
Found an 8-bedroom 3 bath house in Aurora Highlands that offered a VA assumption wi...
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Hi all,I'm new and would like to rehab my primary residence and afterwards, either sell it or rent it out.How do I figure out if it's more profitable to sell or rent?Who should I contact or where should I start?I've s...
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I have been working with the same realtor for the past 7 years. She does a wonderful job and is a hard worker, especially considering she's over 70. Great lady. I tend to find most of my deals , but she's shows me ...
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I am in escrow on a condo we are selling for $380K. We have had so many HOA plumbing/pipe issues over the years and we are just tired of the headache. After three major water remediation and renovations, we are over t...
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Hi everyone! This is my first post and would love some feedback on a property I am going for. I have been going back with the agent and he has given me this information regarding the existing loan terms:Recourse
7-y...
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Hi everyone,
I've been in my home for 3 years now and I'm looking to purchase a new home and convert my current property to a long term rental. I purchased my house using a conventional loan in 2021. Is there any ...
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Hello BP,
I am working on my first deal and have figured a few numbers. I wanted to know if I have accounted for all areas. Is there anything that I'm missing? Also, is there anywhere I can find a standard contract o...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Limited Partnership - 187 Unit Multifamily apartments - Mansfield Ohio. Value add. 60 units rehabbed already, next 100 to be done ov...
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I'm relatively young investor (30) working on putting my first rental property under contract. This community seems to have a fairly low view of stock market investing which is fine, but I thought the following compar...