I am currently on route to close on a Triplex at the beginning of next month. This is my first property and I am a bit confused on what I need to do. The Triplex has existing tentents that pay $150 below the average a...
I know the market had priced in a .25% drop into loans for the last few weeks maybe a month. So when do we start to see the extra .25% hit on the loan side?Why i ask is i am looking for a DSCR loan and hoping to see b...
Hi all,I'm hoping the title is catchy enough: I'm looking for median home price to rent ratio by county to find markets that meet the 1% rule. Any pointers where I can find that?Kathy
Quick question about seller financing. Let’s say the property is free and clear nothing owed, owner decides to seller finance, at some point the buyer stops paying for property. Would this property go into foreclos...
I have a negative cash flow property out of state I bought about 10 year ago that was a mistake before I knew better. Trying to decide to take a big hit and sell it cheap or hold on to it and hope market recovers. ...
I have a seller willing to carry owner financing with no money down, principle only payments with a 2 year balloon. The payments she is willing to take would result in a negative cash flow when rented for the 2 ye...
Good morning! Great to be here.
Just obtained my first LTR and did a mild flip to improve some cosmetics. Before I advertise it I need to clear up some confusion so I can start on the right path. I realize the LL...
We're in Phoenix and have owned a rental in Oceanside for quite a few years. It's a beautiful home (in Rancho Del Oro) and hasn't been vacant a day, but we've had several issues through the years with the plumbing. We...
Hello I was curious, when buying a home via court house steps, what are some strategies to capitalize on the equity.For instance, there is a home being sold for 100k but the ARV is 274k. Now to purchase this home they...
Hello BPA few of our SFR property's we either own outright or have a large amount of equity in. One of them I have an open HELOC on. I am hoping to get another HELOC on a property I own. Our plan is is to use these li...