Brian Dunleavy
commercial loan question
Hi all,My partner and I are looking to purchase our first property - a duplex with a separate commercial building on the property. All three units are rented out. Two residential units and one barber. Because the prop...
Patrick Hancock
Next Level Financing
Good morning, Brief history of where we are at the moment is my partner and I launched our investment firm back in 2021. Acquired six properties using our own capital. Once we had the six properties that were genera...
Ameer Eddin
Primary Residence vs. Investment- Refinance
I'm hoping I can get some feedback on what constitutes a primary residence for underwriters on a conventional loan. I have a friend that asked for advice on refinancing her first home which was purchased 2 years ago w...
Ebony Haywood
Home Insurance for Investment Property in Gulfport, MS
Can anyone recommend a home insurance agency for a rental property I own in Gulfport, Mississippi? I am an out-of-state investor. I was insured with Goosehead, but they raised their rates by an extra $240 monthly, tot...
Phillip Walters
House with POOL should I rent or sell
Currently own 2 properties, looking to buy another primary and unsure of the best route to go with on my current primary. Current primary residence is a 3 bedroom, 2 1/2 bath, 2 acre lot, with a fenced in, in-ground p...
Cliff Graham
Conventional lending, 15-20 yr. amortization
Looking for mortgage brokers & conventional lending. I started buying SFH in 2008 with the goal of owning 4 or 5 properties. My OCD kicked in(again) and now I own 24 and it's looking like it will be 26 by the end ...
Mariam Jalalzada
Airbnb long term rental
For those who have tried Airbnb long term rentals (typical more than a month), how do you factor in the utility bills? Do you factor it in the monthly rent or do you charge the guest who is basically a short term tena...
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
When evaluating a potential real estate investment, both the Debt Service Coverage Ratio (DSCR) and the 50% Rule can be helpful tools. However, they approach financial health from different angles.
The 50% Rule is ...
Nancy Jenkins
What Is a Good Interest Rate on Rehab Loan?
Can anyone tell me what a good interest rate will be on a rehab loan? What would you consider too high. What would you consider a great deal? Also, I have some commercial property valued at $50,000. Would you sugg...
Alex Grullon
Increased intrest rates!!!
Definitely want to see what everyone's opinion is on this topic... Do you think it would be smarter to do a 4 year intrest only loan as opposed to a 30 year fixed since rates are high. I could use the cashflow to pu...