Hi everyone,Let’s say you are struggling to qualify for conventional loan to for an investment home of 300k (2nd home/vacation/ STR home). If you pay for the home cash 300k, and look to refi in 12 months, is it easier...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $129,900
Second investment property purchased - Duplex with tenants in one unit and a total rehab project on the...
I've been doing some research on a 9 unit complex for sale. It's been listed for a year. It is a 6 unit apt building, a 2-story/2-unit building and a 3/2 mobile home on 5 acres with a pond. It is fully rented, and ...
When making an offer on a MF/Apartment Building, are you required to show a any kind of proof of funds or pre-approval lettter from a bank?
What's up BP,I'm about to rent out my first property (house hack) in central VA to tenants that aren't friends - as in, I went through the full screening process and application. I have a couple that look to be a grea...
😷How will the Covid-19 will define this next decade, how to prepare, plan and protect yourself!🌎I think it goes without saying we are all in the beginning of the shell shocked stage that this Covid-19 is bringing and ...
Should you tell your bank you want a loan to later flip it?
I have a property under contract through a new LLC I just created (123 Main LLC). I want to sell my membership interest in this LLC to a cash buyer for $10,000. The buyer has agreed to the terms and conditions but ...
New landlord and investor here!I acquired my real estate license in 2019. On February 4, 2020 I attended a buy and hold RE investing seminar and subsequently my wife, Hannah, and I changed the trajectory and goals of ...
Hey All,My mortgage broker got back to me with three options for our fee summary and amortization schedules.Option 1: Interest rate: 3.875%Lender credit: $340.52Total cash from borrower: $7,082.68Total monthly payment...