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Hello,I will be purchasing my first property soon. I am in the Northeast, and was wondering if it would be smarter to purchase a three-family home, live in one unit (for 12 months w/FHA) and rent the other two out, an...
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Hi everyone, This is my first deal so hopefully someone can provide guidance on options to structuring it. The property is in Washington (WA) with an ARV of $369k and estimated repair costs of $40k. There is a $217k m...
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I'm looking to purchase a multi-unit rental property in southeast Virginia. I have been pre-approved for a mortgage; however, the lender requires a 25% down payment. While I have this, it would stretch me really thin,...
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I have two multifamily properties in Cincinnati OH. Fully rented. Both have mortgages. I just started traveling with my job, but would like to continue to invest in properties. I have a management company managing my ...
I would love to get your thoughts on this deal. Even the cash on cash seems to be low but the cash flow is close to $100 per unit. expenses seem to be high especially on electricity part where 4 units were paid b...
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Hello,
I'm trying to figure out how I should go about managing several different direct mail campaigns to NOO, preforeclosures, and expired listings.
I have a set amount of money to devote every month to my direct...
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From asking around the community, it is difficult to find cash flow under the current market conditions. It’s not impossible but much more difficult to find than it was a few years ago. My question is: what are people...
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Any suggestions for this flooring? We have this approximately 4 in wide “trim” along the perimeter of the room. It's basically a 4x4 that goes all around, and they must have poured the concrete into it, but left the w...
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What’s the minimum loan amount you can get for a DSCR Loan?
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Hello,I have noticed that more and more property managers are charging tenants ~2-3% of rent + $30 as admin fee/resident package/utility package. Is this standard for most major property management companies. Can anyo...