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Hi guys, I'm brand new to this website and real estate investing. I currently own a townhome/condo as my primary residence in a great community. Other units in the same condition are renting for $1300/month and my cur...
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My partner and I are looking to purchase a property using a hard money lender or private money lender. Can anyone walk me through the “Loan to Refi Repay” process? What do the margins need to look like for it to be fe...
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I'm new to investing and am looking to make my first deal here within the next few months. I'm meeting with a portfolio lender this Friday and am looking for advice on what types of questions I should consider asking ...
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I have a FSBO sign in the window of a house we're rehabbing. A realtor was in the neighborhood showing houses to her client, and the client saw my sign and called me. I meet her and showed her the house. She asked me ...
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I am looking to do a cash-out refinance for a rental property which is located in the Cincinnati area. The quote I'm getting from a local mortgage broker is as follows: 30 year fixed conventional financing, 75% LTV, 7...
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Hi everyone! I found a duplex in the Cleveland area that is listed for 85K and rents come out to around 2k/month. I would like to use a DSCR loan, but I've heard that you can't use DSCR loans at that price point. Is t...
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I am looking at a two story two bedroom condo that is listed at 75K with $1750/year taxes and a $340 condo fee. Condo fee sounds high but it covers heat, exterior maintenance, common area, trash, sewer, etc.
The u...
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I am a new investor and recently submitted a bid on a Property (REO),
it is listed for $300 and needs alot of work. My contact suggested I a bid of $270. I wanted to bid 70% or 80 % of the asking price . The prop...
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Good afternoon! My wife and I are interested in rolling our Roth IRA into a self directed account. We would like to be able to do buy & hold investing as well as note purchasing with this account. What experience ...
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Hi,My girlfriend and I are looking to purchase a first investment property soon, and we were wondering if there was a preferred bank to open up a business account. Or maybe it doesn't matter, as long as we have a plac...