Will lend 80% up to $125k purchase price for 6% interest only good up to 12 months; $1000 processing fee and about $400 in misc fees ($100 for appraisal).
For the rehab/holding/closing/BS costs, I will use a ...
Investment Info:
Single-family residence fix & flip investment in Columbus.
Purchase price: $2,900
Cash invested: $41,250
Sale price: $80,000
This was a distressed property with considerab...
I would love some more information from anyone who has had success with receiving a line of credit purchase real estate. I would like to start working towards getting one however I am unsure which option would be easi...
Hello,
Yet another accidental landlord turned Real Estate Wantrepreneur here!
Perhaps that is a bit dramatic, though I feel as such during this stage in our timeline. Over a year ago I found myself about to marry wh...
Greetings, What would be the best criteria for a Realtor to use when creating a mailing list for a neighborhood you are farming and want to target the home owners in that neighborhood who are most likely to sell? Woul...
How soon can I use the appraised value of a property that was purchased for cash instead of the purchase price? I've been told that I can use the appraised value after 12 months of ownership. Otherwise, any loan I'l...
I bought my very first piece of real estate 3 months ago. Its a 3 unit apartment I got a great deal on, awesome tenants and things are so far running smoothly. I have my eye on a second property. A 6 unit up for sale ...
Due to COVID, vetting deals requires a keen eye now, more than ever before. These are the 3 areas I think require the closest focus.Vet the Sponsor FirstFinding the right sponsor is just as important as finding the ri...
When analyzing a multi-family or apartment is it appropriate and reasonable to ask for documentation on the leasing history and annual/monthly utility cost that is covered by the owner?
Thanks in advance!
Hi everyone,I found PLR 200745011 which similarly represents my family's situation with some key differences. I want to request a private letter ruling from the IRS on my particular situation but need the ruling reaso...