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Hey everyone. (sorry this is a long one) This is our personal home and is very modern. Lucky us, we keep getting these "professional renters" and I am just beside myself. First of all, we had a family move in 4 years ...
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Hi BP,I'm nearing the end of a 4 unit condo conversion in Washington DC and looking to hold the condos for the long term and take out HELOCs on them. Only issue is that banks and credit unions rarely offer HELOCs on r...
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I’ve owned rental property for almost 8 years now, thanks to my dad who owns over 50 units. He basically financed and rehabbed my projects; I only mailed a check! Great dad right! Love that guy!
Now I’m MUCH older a...
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Hi all,
My business partner and I have exhausted our Freddie/Fannie loan capabilities. We both have 10 mortgages in our name. Mainly our portfolio consists of small multifamily properties and we have 30y fixed fina...
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My wife and I recently prequalified for a loan. We will not be putting 20% down for a SFH/MFH. What are the questions I should ask the lender in terms of points, interest rate, fees, etc? I want to get the most compe...
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Hi guys,
i am an investor in the Westchester, NY area where I have been quite successful. I was just presented a deal in UTICA, NY a multi family property with excellent cash flow and 7.5% cap rate.
Those i ask fo...
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Where can one find a lead list for subject-to opportunities? Like for example Expired listings, divorce/bankruptcy, foreclosure and pre-foreclosure, code violations, and low equity maybe thru VA and FHA loans? The che...
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I live in Portland, OR, which is a tax deed state, and the nearest tax lien states to me are Montana, Wyoming, Colorado, and Arizona. Right now I only have around $7k to invest, so I don't really want to spend the mo...
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Our tenant just moved in 3 months ago and brought his personal/portable AC unit. It leaked water into the next unit, out to the exterior, and warped half the family room laminates, which were installed a week before h...
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I’m interested in house hacking in Los angeles, but with price points I will likely only be able to get a condo. I think there’s good areas that can cashflow, but I’m willing to pay the first two years and move in ten...